As financial crises around the world contribute to a growing uncertainty about the global economy, many investors and ordinary citizens are turning to an online currency, bitcoin, to protect their funds. And with more than $1 billion now in circulation, this esoteric monetary system has exceeded the values of 20 national currencies.
Kristin Tate is a senior at Emerson College in Boston. Tate is the Young Americans for Liberty Chapter Leader and Founder at Emerson. She previously helped with the Ron Paul 2012 presidential campaign and worked under John Stossel at the Fox Business Network. A passionate libertarian, Tate is excited to bring her perspective to Red Alert Politics. More of her work can be viewed on her personal website, www.TheLibertarianChick.com. Follow her on Twitter at @KristinBTate.