In this Cambridge House lecture video Ned Goodman, one of Canada’s billionaires talks about how the U.S dollar is “backed by nothing” and the U.S dollar will lose its reserve currency status.
Nobody, wants U.S dollars today and we are heading into a stagflation then inflation period, and things are going to get ugly.
2013 was a stellar year for Bitcoin and Litecoin. Crypto currency provides freedom from Central Banks that print money out of thin-air like it is going out of style.
Also Max tax about Edward Snowden and NSA spying on whole world. You don’t have to be a victim of government spying, use technologies that reduce your digital foot print.
As of the time of the writing of this article, QuarkCoin currently sits at number 8 on the list of crypto currencies based on market capitalization. It previously was sitting at number 12, however the rising popularity of this crypto currency is partly due to the fact that there are rumours that it is going to be listed on one of the major crypto currency exchanges in China and also because the coin was covered by the Still Report#132 http://www.youtube.com/watch?v=6qXhqSy0nbg . Keep in mind that market capitalization changes daily as more people get in on the coins.
I got into Bitcoins this year April, when it was at $120, and now it is at almost at $1000.
It is a viable currency, I have bought groceries and Amazon.com gift cards. If you can exchange Bitcoin for goods and services than it is a form of money.
As well, thousands of brick and mortar and online stores are now accepting Bitcoin.
Canadian financial company Manulife is looking to Asia for growth. While as it stands now 75% of Canadian citizen are in debt and finding tough to get by, they just don’t have the money to invest.
Meanwhile, in the United States the average citizen is broke and even more in debt, despite the fake real estate recovery and all-time high manipulated stock markets to make things look better than they are.
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