Turning Hard Times Into Good Times

Escaping Bail-Ins. Can BitGold Become Bigger and Better than PayPal?

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Sinopsis

Darrell MacMullin, CEO of BitGold and former President of PayPal Canada, visits. At a time when banks are preparing for bail-ins to shore up their balance sheets, reallocating savings as possible outside of the banking system may be prudent. BitGold has the potential to become “PayPal on steroids,” the steroid being gold. Its value, unlike fiat money, does not require healthy banks. Combined with modern technology BitGold leads to a less expensive payment system than PayPal. With a PayPal-like technology in hand and using gold to reduce transaction costs, BitGold not only provides you with a legally safe option outside an increasingly dangerous banking system, but it has the potential to richly reward investors in BitGold’s parent, GoldMoney (T-XAU/USOTC-BTGDF). We will look to Darrell to explain BitGold’s many services for consumers as well as the company’s business prospects. Chen Lin will also join us to update us on his favorite stocks in the bio-pharmaceutical space.