INSIDE THIS ISSUE
I n our July issue of American Consequences , we’re tackling bitcoin, blockchain, and cryptocurrencies – with the risks and the opportunity explained in plain language. Editor in chief P.J. O’Rourke leads the way in explaining why he feels guilt about cryptocurrencies instead of the usual fear or greed. Bestselling author Turney Duff shares a wild tale about the dying art of wining and dining on Wall Street. Owner of Eifrig Cellars, Dr. David Eifrig , has one rule to follow when choosing and drinking wine. And we talk with award-winning national security correspondent Sara Carter . Then we’re back on cryptocurrencies – bringing you a balanced perspective... Goldman Sachs alum and Real Vision founder Raoul Pal turns bear, dumping his bitcoin position for 7.5 times his money. He says get out of the bubble now. Hong Kong-based Tama Churchouse predicts the crypto speculation is just getting started. He’s cautiously optimistic on sorting the winners from the losers. Bitcoin has rocketed from a low of 75 cents to more than $3,000 at its height – an astronomical 400,000% gain. Teeka Tiwari
Crypto guru Teeka Tiwari says bitcoin is the new e-mail... and reminds us that bitcoin has been “dead” 129 times before. He sees massive upside, with his recommended positions up thousands of percent. Finally, we’ll close out our bitcoin musing with an exclusive look inside a new Las Vegas crypto strip club from veteran reporter Todd Prince . When exotic dancers get on board, is it a sign of the top? Next, we’ll peek into more than a dozen real- world portfolios – from traders and finance folks to legends like Ronald Reagan’s most- quoted author George Gilder and natural- resource speculator Doug Casey . (If you’ve ever wondered about gold vs. bitcoin vs. the U.S dollar, this one is for you.) Rory Carroll profiles right-wing street artist Sabo (“Republicans are the new punk,” he says), while underground news founder Bill Bonner explores maybe the biggest idea for our magazine... what it means to be an American. And Gray Zurbruegg, president of The Atlas 400, brings us “stay, drink, and try” recommendations from an adventure to the Galapagos Islands. Finally, nationally syndicated talk radio program host Buck Sexton will close us out with a look at a worldwide cyber war... from bitcoin ransoms to mass data breaches... and how you can protect yourself. Enjoy the issue and send your feedback to feedback@americanconsequences.com . - SL
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4 | July 2017
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