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MEMBER EDITION - DECEMBER 15, 2013
Dear Reader,The White House has taken notice of a story we've been following very closely.
The rise of Bitcoin.
In October, President Obama summoned the head of Google Eric Schmidt to the Oval Office and asked him face to face if Bitcoin was "something he has to worry about."
The answer is yes.
Recently, 36 U.S. cities in 20 states "dumped" the dollar for Bitcoin.
And Americans are starting to demand their salaries be paid in it (200,000 companies have already set this up).
But this is happening around the world. China is abandoning both their gold and U.S. dollars for Bitcoin. The French banking system has fully integrated it.
And look at what happened last week. During a private meeting, the Council on Foreign Relations discussed Bitcoin's future as "an alternative reserve currency."
Something like this has never happened before in history... it's happening right now.
And what's coming could have major implications for global economies, the international monetary system, and your wealth.
Click here to continue reading this story...
Regards,
Mike Ward
Publisher, Money Morning
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