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Can bitcoin compete with government currencies?

Section: Daily Dispatches

3:12p ET Friday, March 29, 2013

Dear Friend of GATA and Gold:

Could bitcoin and other "crypto-currencies" become widely accepted as mediums of exchange and even rival government currencies, evading government efforts to control the price of everything and to tax everything? Or will government use a futures market in bitcoin to suppress its price as the futures markets have been used by governments to control gold? Those issues are discussed by GoldMoney's Andy Duncan in his interview with Jon Matonis of the Bitcoin Foundation. The interview is 23 minutes long and you can listen to it at GoldMoney's Internet site here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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