FINANCIAL HOPE

PRIVATE MEMBER WEBSITE

We are all about EMPOWERMENT, not ENTITLEMENT!

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. Arthur Schopenhauer    German philosopher (1788 - 1860)

 
 
 
 

Libertarian Party now accepting donations in Bitcoin (BTC)

FOR IMMEDIATE RELEASE

The Libertarian Party is now accepting donations in Bitcoin (BTC) ( 1). The most
significant advantages of Bitcoin are that the amount of Bitcoin is finite (
2),
and the software is open source (meaning anyone can read and understand
exactly how the software works). Consequently, the amount of Bitcoin cannot
be expanded –all current day government currencies are expanding their
currency. Expanding currency, also called ‘quantitative easing’ or ‘inflation’
is the worst way that government makes money – the other two are through
taxes and borrowing. Inflation hurts lower income families the most. The
Bank of Canada is continually expanding the supply of Canadian dollars and
the Canadian dollar is continually losing value. As the dollar is devalued, the
price of goods and services tend to go up, resulting in an insidious tax on the
productive working citizen.

The Libertarian Party supports the freedom of any individual or group to
own gold or any other commodity of exchange, as well as the right to produce
coinage and issue currency (
3). Bitcoin is an option that Canadians should be
free to use in financial exchanges, free from all governmental regulatory
meddling.

The Libertarian Party must follow Elections Canada rules in order to maintain
party status. For this reason, we currently only except donations under $20
CAD. Please learn more at
libertarian.ca/bitcoin-donations

(1) http://en.wikipedia.org/wiki/Bitcoin
(2) http://en.wikipedia.org/wiki/File:Total_bitcoins_over_time.png
(3) http://libertarian.ca/trade-and-economy