News & Analysis
A MUST-READ FOR EVERYONE
The Daily Bell is a must-read for anyone who wants to understand the effects of the state on our economic future.
TRUTH AT WORK
There are very few publications out there that have the smarts and guts to tell the truth about the dictatorial forces at work destroying our civilization. Thankfully The Daily Bell is one of them, and it appears in the mailbox every day.
Get outside the box with The Daily Bell and experience independent views.
PREMIER FREE-MARKET ANALYSIS
The Daily Bell rings out for liberty every day. It is the premier online source for insightful and hard-hitting free-market analysis and interpretation of economic, political and business events.
I really enjoy reading The Daily Bell for the excellent research and content provided on a wide variety of issues vital to the Freedom Movement.
GUTS, OBJECTIVITY, WISDOM
Rarely does a publication have the guts and objectivity to tell it like it is, yet the eloquence and wisdom to listen carefully to the ‘other side.’ This is The Daily Bell accomplishing its daily mission.
NEVER MISS AN ISSUE
I love the Daily Bell. Every issue is principled and informative.
The Daily Bell does a remarkable job of exposing how money power uses central banking to crush people into submission via global government with economic and political slavery being the desired end result.
INFORMATIVE SOURCE OF INFORMATION
The Daily Bell is an informative source of information and commentary from leading figures in the liberty movement. It's a pleasure to be interviewed alongside far more notable individuals.
The Daily Bell is one of the most innovative and in-depth websites on the Internet. The breadth of the content is awe inspiring and the amount of knowledge imparted is almost impossible to quantify. For me, as a liberty minded seeker of knowledge, it is a must read.
The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.
PART OF MY DAILY NEWS DIET
I read it every day!
The Daily Bell affords an excellent alternative perspective on some of the noise and nonsense of mainstream media. In particular, I enjoy reading Anthony Wile's 'free-market analysis' on current subjects and articles. Very insightful.
PROFOUND AND PROVOCATIVE
Every day, I rely on the Daily Bell for a different perspective you'll never find in the regular media. It's an analysis and timely insight that is profound and provocative.
THE DAILY BELL IS A MUST-READ
Because the world is changing so rapidly, it is difficult to keep up, which means The Daily Bell is a must read. I consider the information critically important reading.
I read The Daily Bell every day and I find it very informative.
A VIRTUAL WHO'S WHO
The good and the bad, the big dogs and the small, the thinkers and the doers among libertarians and on the "Right" – you can encounter them all in The Daily Bell's exclusive weekly interviews. Indispensable.
The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.
MESSAGES OF TRUTH
The Daily Bell website is one of the authentic voices cutting through the clouds of vapid opinion, the morass of mediocre media and the confusion of Orwellian doublespeak. The Bell website lives up to its name, ringing unheard messages of truth in our ears.
SEPARATES WHEAT FROM CHAFF
The Daily Bell is a true beacon to lead in helping the reader to separate the wheat from the chaff.
READ IT EVERY DAY
A defender of free markets, The Daily Bell takes a libertarian approach to expose and unravel global misinformation. Read The Daily Bell – every day!
ONE OF MY FAVORITE SITES
The Daily Bell is one of five sites that I review every day because I find there a clear, common-sense interpretation of everyday events.
THOUGHTFUL NEWS, EXCLUSIVE INTERVIEWS
I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.
GREAT THINKERS YOU CAN'T GET ANYWHERE ELSE
The Daily Bell has revived that great old institution of the personal interview, extracting information from today's great thinkers you can't get anywhere else. Outstanding!
GREAT INVESTMENT INFORMATION
I love reading The Daily Bell! Interesting investment information, a political and social viewpoint that lets me know I'm not alone in the world and "annotated" with analysis. I highly recommend it to all interested readers.
OUT OF THE DARK
The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
GREAT JOB, DAILY BELL
I can say that, unlike the mainstream press, The Daily Bell knows the questions to ask and has the chutzpah to ask them. They realize that socialism and Keynesianism are wrecking the world and they are helping to save what is left of liberty and free markets.
Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
There is no other publication in print or on the Internet like The Daily Bell. They have the courage to report the truth and analyze current foreign policy, politics and economic events in the context of a formerly hidden history of financial elites.
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
SOURCES YOU CAN TRUST
The Daily Bell should be on everyone's shortlist of news sources you can trust. It's on mine, and we often refer to it in our own weekly news service at The Reality Zone.
INSIGHT YOU CANNOT IGNORE
The Daily Bell provides unique insights on contemporary political, economic and social problems that can be found in such a concentrated form nowhere else. Whether one agrees or disagrees with it, one cannot afford to ignore it.
A LEADING LIGHT
The future is created by the people who build it, not the people who predict it will not exist. You can meet lots of important builders by reading The Daily Bell.
The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.
AHEAD OF THE CURVE
The Daily Bell has come out of nowhere to introduce to the Internet community some of the most intriguing and proactive interviews there are out there. Let's hear it for creativity and being ahead of the curve.
VOICE OF REASON
I have thoroughly enjoyed the analysis and interviews at The Daily Bell, which has so often been a voice of reason during these perilous times
For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
CUTTING EDGE ANALYSIS
At a time when growing majorities worldwide are tuning out mainstream news, people are seeking the cutting edge, insightful and thought provoking analysis that The Daily Bell consistently provides.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
A Bitcoin Exchange Holding $4.1 Million For 1,000 Customers Has Simply Vanished ... A Chinese Bitcoin exchange that held up to $4.1 million in users' accounts has gone offline and everyone involved with it has vanished, according to CoinDesk. – Business Insider
Dominant Social Theme: Bitcoin is a suspicious kind of money.
Free-Market Analysis: We've written several articles somewhat critical of bitcoin, which has predictably generated a wave of irritated feedbacks from the faithful.
And certainly bitcoin has its defenders. In fact, the electronic currency has considerable value according to quoted prices, though how useful it is as an actual conveyance of value from buyer to seller continues to be questioned.
Our criticisms fell mainly into three categories, and we think those criticisms remain relevant today, especially considering the problems bitcoin is encountering of late, as we can see in the article.
First of all, we suggested that bitcoin might have been created by Western Intel as a way of anticipating a wave of electronic currencies birthed by the Internet. Might as well get the problem out in the open, so-to-speak.
Our main reason for this suspicion was the truly incredible bitcoin backstory. Supposedly the bitcoin concept originated with a Japanese inventor who called himself Satoshi Nakamoto. Satoshi deposited directions for bitcoin on the Internet, and the rest is history. Satoshi, dramatically, has never been heard from again.
We also suggested that bitcoin wasn't as secure as those involved in its operation believed it was. The anonymous facility that bitcoin employs is called TOR, short for the The Onion Router. The Pentagon's DARPA was involved with its creation, which is kind of ironic considering that those using Bitcoin are counting on TOR to provide anonymity against various official facilities.
TOR obviously didn't save the founder of Silk Road who was just arrested for abetting drug trafficking. And, according to Wikipedia, recent attacks on Freedom Hosting users show TOR vulnerabilities in servers and web browsers, which is part of what we had suggested initially.
Finally, there is the issue of gold-as-money and the attitude of bitcoin users that its success thus far is proof-positive that precious metals are old-fashioned and that digital currencies will render them deservedly obsolete. We disagree. It's naïve, as gold and silver have been used as money metals for millennia.
Even more disturbing, there is at least a tendency of supporters to conflate bitcoin with the noxious public banking movement that embraces any kind of money that is not based on precious metals. But there is no doubt that precious metals are money; they have come under attack in the modern era because globalists want to do away with all kinds of money and currency with the exception of central-bank controlled digital ones. Bitcoin enthusiasts that use the currency as a jumping-off-point to attack gold and silver are unwittingly supporting this crowd.
Of course, as bitcoin has grown more successful, the attacks on this first, major digital currency have grown shriller as well. This Business Insider article is a case in point, insinuating that bitcoin, because it is unregulated, is more subject to criminal calamities than regulated money. Here's more:
The GBL exchange claimed to be based in Hong Kong but turns out to have been headquartered in China. The Hong Kong Standard reports: The company appears to have launched in May 2013, with its domain btc-glb.com registered on 9th May and a post later that month by Bitcoin Talk forum user zhaoxianpeng promoting the site. Some mainlanders went to the IFC office listed on its website, but this turned out to be a false address. Fourteen of them made a report to the Hong Kong police.
WantChinaTimes notes that GBL had not obtained any of the usual business licenses required to operate a financial services company. Bitcoin banks and exchanges have a habit of disappearing, the WCT says: Research conducted by Southern Methodist University assistant professor Tyler Moore and Carnegie Mellon University assistant professor Nicolas Christin found that 18 of the 40 Bitcoin trading platforms set up in the past three years had closed, including TradeHill, which was once the second largest in terms of transaction volume.
We have noted in the past certain bitcoin exchange difficulties, but we've never made the argument that these problems showed the necessity for further regulation. In fact, the lack of bitcoin regulation is one reason to recommend it.
Another reason to recommend it is the upcoming congressional hearing. The Senate is apparently sufficiently worried about bitcoin to hold formal hearings. Here's more:
Andrew Beal, a lawyer who focuses on helping businesses with federal and state securities compliance as part of the firm Crowley Strategy, says these hearings will only help government better understand bitcoin.
"The legal and regulatory foundation for virtual currencies will be laid over the next few years; these hearings are an opportunity to ensure that lawmakers are getting the right information from the right people," he said.
Englund, expressed optimism that representatives from the bitcoin industry would be involved. "It would certainly enrich the hearing to invite bitcoin experts from academia, venture capitalists and entrepreneurs of bitcoin companies."
She said it's a first step towards literacy and understanding, adding: "As the first congressional hearings on bitcoin, we expect this to be more introductory and educational in nature."
Notice the US Senate has in mind laying the "legal and regulatory framework for virtual currencies." Apparently, they haven't gotten the message that bitcoin was SUPPOSED to be resistant to government rules regarding money.
Nonetheless, the US Senate Committee on Homeland Security and Governmental Affairs decided that the 18th of November will be the date for a hearing on bitcoin and other cryptocurrencies. The hearing is entitled, "Beyond Silk Road: Potential Risks, Threats, and Promises of Virtual Currencies," and one wonders if the FBI's raid on Silk Road was coordinated with the hearings.
Bitcoin's value according to bitcoin exchanges remains impressively high. However, we remain skeptical of bitcoin for the three reasons we enunciated at the beginning of this article. Like WikiLeaks and even Edward Snowden, bitcoin gets a fair amount of publicity in the mainstream media, which also makes us suspicious – as do its stubbornly high valuations.
Perhaps we will learn more about bitcoin and where it is headed during the hearings. One thing is certain: Digital currencies are becoming increasingly common. Time will tell whether bitcoin can retain its value along with anonymity.