Early draft of a documentary featuring interviews with three experts in alternative currencies: Bernard Lietaer, author of The Future of Money and longtime proponent of complementary currencies, Edgar Cahn, founder of Timebanks USA, and Paul Glover, founder of Ithaca Hours. Produced by the Community Economies Research Group in Western MA.
Bitcoin has been making headlines for months. With the price fluctuating wildly, is it really a currency, or just a scam? To find out, we have to analyze its properties.
Gold and silver give us good examples of which properties make a sound currency, and bitcoins seem to measure up well. Will they ultimately outcompete the US dollar, gold, or silver? We can’t know, but with the Federal Reserve devaluing the dollar every day, it is only a matter of time before people start looking for an alternative currency.
To learn more, visit: http://www.fee.org/the_freeman/detail/is-bitcoin-a-viable-currency, and to learn the basics of Bitcoin, visit: http://www.fee.org/the_freeman/detail/bitcoin-for-beginners