Bits and Pieces 5thSep

Julia Dixon on September 5, 2012

North Dakota congressional candidate Eric Olson accepts donations to his campaign in Bitcoin http://ericolson2012.com/donate/  And sitting New Hampshire state representative Mark Warden is accepting them for his re-election campaign. http://www.markwarden.com/page/contribute-campaign

Attention digital currency providers, start advertising in Argentina. http://www.forbes.com/sites/jonmatonis/2012/09/04/argentina-begins-tracking-all-credit-cards/

BitInstant’s Charlie Shrem wants Bitcoiners to “get together and get a SuperBowl ad” adding that “I want this commercial to be a statement to the banks and governments of the world and say ‘Look, your people don’t like your fiscal policies, you’ve put us in a recession, you’re screwing us up so much. We’re taking control of our own money, the way we’re doing it is Bitcoin.’ I want to scare them.”

Also, in the next few weeks BitInstant should be open for business in Canada, 3,700 people have already signed up to get the new Bitcoin debit card, and loads more Bitcoin debit card details here http://codinginmysleep.com/bitcoin-mastercard-followup-interview-with-charlie-shrem/

GATA Chairman Bill Murphy is appearing on Russia Today’s “Capital Account” program at 4:30 p.m. ET Wednesday. http://www.gata.org/node/11714

And yet another community currency in Spain http://www.guardian.co.uk/world/2012/sep/04/spain-euro-free-economy?newsfeed=true

Well Said

Julia Dixon on August 28, 2012

“The essence of all slavery consists in taking the product of another’s labor by force. It is immaterial whether this force be founded upon ownership of the slave or ownership of the money that he must get to live.”
— Leo Tolstoy

Monetas is bringing ‘banking’ and business tools to the worlds mobile phone users with two new products.

Julia Dixon on August 27, 2012

Monetas is a digital finance company run by Johann Gevers and “Fellow Traveler” Chris Odom, the creator of the OpenTransactions open source software. The aim of the business is to build high-end applications using the OT software, and they have just announced two new products.

Read More about Monetas is bringing ‘banking’ and business tools to the worlds mobile phone users with two new products.

New Debit Cards Offer Options but Come with Compromises

Julia Dixon on August 23, 2012

Euro Pacific Bank’s gold debit card has been available since late last year and now BitInstant has a Bitcoin backed debit card in the works.

While these are wonderful new innovations that no doubt will help alternative currency users, the current options come with catches as they are compromises between the old fiat system and their more innovative alternatives.

Read More about New Debit Cards Offer Options but Come with Compromises

Fed side stepping transaction and ownership issues by conducting its own gold audit?

Julia Dixon on August 6, 2012

As reported recently in several major newspapers and on Zero Hedge, the NY Fed is undergoing an audit of the gold stored in the vault of its Wall Street office. Reportedly about 23% of the world’s official gold reserves, including gold owned by foreign countries and the IMF, are stored in the central bank’s vault. One could assume from the Fed’s timing that this might be an effort to put to rest ‘conspiracy theories’ about the Fed’s missing gold. Although those concerned about the Fed’s ‘transactions’ in gold, see this as the Fed’s attempt to quiet concerns while avoiding the real issue.

Read More about Fed side stepping transaction and ownership issues by conducting its own gold audit?