Cryptocurrencies, Greed, and Federal Reserve
The Generations Radio Program · Generations
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Show Notes
Cryptocurrencies have grown to a $100 billion business just since 2011. Computer-generated coins like Bitcoin have increased in value from $30 in 2013 to $4200 this week. Some economists see it as a gigantic Ponzi-scheme, second only to Social Security in its success. Do we agree? Is it better than the unbacked money churned out by the Federal Reserve Bank? What makes a currency, and is Bitcoin treated as a currency or a commodity investment? These are important questions. But then we ask the question. . .should we really be involved in fractional reserve banking, given the Exodus 22:26 principle?
This program includes:
1. Generations with Kevin Swanson
2. The World View in 5 Minutes with Adam McManus (Obamacare Abortifacient Funding Requirement Removed, Are There Dangers in Halloween?, More Evidence on Abortion-Breast Cancer Connection)
New kids and family podcast from Generations - TeachMeTheFaith.com