Gold vs Bitcoin – The Past and Future of Money w/ Lynette Zang
Lynette Zang joins Eric V Stacks to explore the loss of purchasing power of the dollar, the evil of central banking, the promise of Gold, and her skepticism of Bitcoin. They discuss how the natural state of the free market is deflation, if Bitcoin can become the new base layer of money, and the importance of trust, redeemability, and auditability in a monetary instrument. Could Bitcoin be a Trojan horse, or is it the future of money? Lynette Zang is an economist that has been involved in the markets at some level since 1964, as a student, banker, stockbroker and precious metals and currency analyst.