Today I am going to go into the basics of what Bitcoin, Ether and other alternative currencies are, how they work, why they work and how you can use them.

I am not and I do not claim to be an expert on alternative currencies. What I do have is an exceptional understanding of money and economics, and while Bitcoin and other alt coins are not “money” as defined by the US Government (which is good by the way), they are in fact money and every bit as legitimate as the US Dollar, in fact as you will see today perhaps more so.

My hope at the end of the show today is that if you want to use bitcoin you know how to and can do so without fear. To dispel the continued propaganda myths around alt currencies and to dispel the dumbest myth of all, that Bitcoin is akin to virtual Tulip Mania.

Join Me Today To Discuss…

First how conventional money works Monetary Creation Where the “value” comes from Why this insane system does in fact work

How Bitcoins are “mined”

Why Bitcoin is deflationary

What makes Bitcoin secure or not secure

How Bitcoin can be very public or very private

What is Ether, how is it different from Bitcoin

What about other alternative currencies

The easy way to get started Coinbase ( Click Here to Set Up an Account A lot like Paypal Can hold Bitcoin and Ether as well as Dollars Yes they do report to the .Gov They are extremely secure Allows you to buy, sell, send and receive Bitcoin

My final thoughts on Bitcoin as an “investment” Instantly Liquid (48 hours in a vault) Can be completely hidden from seizure Is not legally money (this is good) Total quantity and production is know More users must increase the value of it



Resources for today’s show…

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