Cryptocurrencies, Greed, and Federal Reserve - Is Bitcoin a Big Ponzi Scheme?
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)
Featured Resources From Generations Radio
This is the retelling of the most exciting story in all of human history. Something truly remarkable occurred when Jesus Christ rose from the dead and gave His disciples a great commission. The world would never be the same again. Kevin Swanson takes the reader through the 2,000 year worldwide saga of this epochal mission to the world. From Judea to Rome, Ireland, Denmark, China, Japan, Uganda, New Zealand, and to the uttermost parts of the earth, the light of Christ shines into the darkness, transforming every nation throughout the centuries.