Hi Haim, the topic of <<paper currency>> is always exciting to me, ever since Message 19727204 reading "Fiat Money Inflation in France"
... when the wife and I did whatever that gave rise to the coconut (born October of 2004 :0)
On non-official-sanctioned <<crypto>> such as but not limited to bitcoin, I believe we are in agreement, that all going to zero, but differ on the eventual peak pricing; I think the possibility exist for btc @ 500K, you believe less or far less. I am not insistent or strident on 500K. 100K will do well.
BTC is speculative, and by betting on it I am merely following the script I read in "Fiat Money Inflation in France", advice from the ancients
libertarianpress.com
Besides betting (gaming), I am also gaming on the premise, or investing or saving, that to make amends for <<The last stage was disassociation of gold reserve to the national currency and then running the presses at the decision of nominated or elected person which resulted in fiat money>>, gold shall again prove to be the salvation for enough, not as in a Gold Standard, the absolute, but as a standard of gold, the benchmark.
I actually do practice investing, by allocation to physical metals, real estate of various classes, plus paper real estate (funds), alternatives assets, cash and stocks. Everything is a speculation as well as an investment, with all moves meant to generate more gold.
I reckon we are near the end of this current round of Fiat Money Inflation, and somewhere between 2026 - 2032 we shall arrive at the epilogue pages
Let us see how it all plays out this time, and see if the ancients who issued warnings to us were spot-on correct. |
