Some bitcoin proponents have argued that governments cannot really prevent bitcoin use. Jon Matonis once stated that “a government ban on bitcoin would be about as effective as alcohol prohibition was in the 1920s.” How could a government prevent people from using bitcoin? It’s online. It’s pseudonymous. And, as Matonis notes, “demand for an item […]
Forget about a housing recovery: for the vast majority of Americans, the housing crisis is about to get worse. Much worse.
…the 42-year market veteran who correctly predicted that the Fed would not taper spoke with King World News about what people will need to do in order to survive the coming financial chaos….