Gold standard vs Fiat vs Bitcoin – Truthloader

Gold standard vs Fiat vs Bitcoin – Truthloader

Over the past 100 years the global money supply has increased dramatically, leading to rising prices, ordinary people forced into heavy borrowing and government debt spiraling out of control – US national debt, for example, currently stands at more than US$17.5 trillion (as of 30/04/14). In response to this, some people have been calling for a return to the gold standard, a monetary system where the value of national currencies is directly linked to gold. This is different to the fiat money system currently in use the world over, where the value of national currencies is determined by governments. Other people, however, are suggesting that the cyrptocurrency Bitcoin could be the answer, with many asking if it’s the “new gold standard”.

Subscribe to our channel: http://bit.ly/TRUsub

Music we use:

StoneOcean’s channel: www.youtube.com/ratedmusicofficial
StoneOcean’s music: www.stoneocean.info

Arkana’s Soundcloud: http://bit.ly/1hcS1JC
Arkana’s YouTube: https://www.youtube.com/user/MrStompy64

Seb Matar on Bandcamp: http://sebastianmatar.bandcamp.com

Why you should subscribe to Truthloader: http://bit.ly/1aGJD0a

More videos from Truthloader:
How to start a War: http://bit.ly/1cW697m
Israel’s nuclear weapons: The Open Secret: http://bit.ly/1nKoOVT
Manufacturing Consent playlist: http://bit.ly/1g4p2Ud
Where is the most polluted place on Earth?: http://bit.ly/1g21m4d
Crowded Earth: Where are we going to live?: http://bit.ly/1bh3WEX
Private prisons: How US corporations make money out of locking you up: http://bit.ly/HKLbNb
The War on Drugs is a War on You: http://bit.ly/1lNWdTb
Is China taking over the world?: http://bit.ly/HwHcmv
The Five Worst Weapons Still in Use: http://bit.ly/PoJoRQ
The Five Worst CIA Operations Ever: http://bit.ly/1cHTjGT
Who are the…? Series http://bit.ly/1lIflPW
A race for what’s left of the planet: http://bit.ly/PMxroQ

Check out our top 20 videos playlist: http://bit.ly/V55Vna

Follow us on Facebook: http://facebook.com/truthloader

Follow us on Twitter: http://twitter.com/truthloader

Join us on Google+: http://google.com/+truthloader

Read our reddit: http://reddit.com/r/truthloader

Truthloader is a channel dedicated to citizen journalism. We find the best examples of crowd-sourced video and independent content, then use our expertise to add context and analysis. We respond to the stories you’re interested in, so if you’ve got a story you’d love us to get to the bottom of, tweet us, Facebook us, or respond to our videos with a comment – and perhaps check out our reddit.

123,294
Like
Save

Comments

439w28st says:

Gold and Silver prices will always be manipulated by man to to hide the financial truth , so what's the use ??

10XRP says:

100,000 XRP could be worth $58,900,000

Moxie 7 says:

The girl doing the voice overs has beautiful voice. Bitcoin is the best way to abolish a corrupted monetary system.

Progress Kid says:

WTF .. Gold can be eaten and is used in almost every electrical device .. Gold is a commodity not a feeling!

User says:

6:21 SAME FOR FIAT MONEY lol

DUDAH says:

Since you said that there isn't enough gold to match teh money supply why not use silver and bronze too so the gold standard won't be so golden any mroe but much more colorful

Gateway 17 says:

Great video.

SagNeinZurDreifaltigkeit SagNeinZurDreifaltigkeit says:

I don't like the childish voice, nevertheless what she says is true.

DougCameraman says:

Gold and silver are REAL wealth, real money. Bitcoin, like fiat currency, is a fraud and backed by nothing except the fool's belief that it is "as good as gold". Gold and silver continue to hold value, in spite of the minipulation, but everyone knows the paper dollar has lost most of it's value over the years. Bitcoin is just an electronic Ponzi scheme and there must be a lot of losers so that the winners can get their profits and get out. That's the key to Bitcoin… invest, get the other guy's money for awhile, then cash in and leave the new fools screwed and broke.

Sam Sam says:

USA etc doesn't want Gold back or base their money on anything else than their worthless paper money..

Tomas Av. says:

This video give MISLEADING INFO. Not governments issue money! But central bank and central bank (europe, usa no matter) controlled by 5-6 bankers it's PRIVATE company that prints money and lends it to countries. SO governments became in debt to bankers. And people pay that debt + inflation (tax).

Tomas Av. says:

Gold is almost unused metal and we have SOOO MUCH of it.

Arturas P says:

too bad by now most bitcoin is owned by small minority, so the bc wealth is even more concentrated than the 1%

Write a comment

*