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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (167210)1/17/2021 1:26:41 PM
From: ggersh  Read Replies (1) | Respond to of 217825
 
Dollar paper money allows for governments to fully control people and other
countries that use the dollar paper money.

Whereas Crypto debunks governments fully, Crypto doesn't control ones life

You describe the beauty of Crytpo here

All in all IMHO crypto is just nothing more than a speculative medium, with an artificial price decided by a wide group of people not backed by anything. To be able to buy anything physical the crypto currency owner need to find a willing buyer that will convert its worthless crypto currency in paper money to enable him to buy real assets.


You also describe beautifully why governments should control currencies, NOT BANKS


All in all IMHO crypto is just nothing more than a speculative medium, with an artificial price decided by a wide group of people not backed by anything. To be able to buy anything physical the crypto currency owner need to find a willing buyer that will convert its worthless crypto currency in paper money to enable him to buy real assets.

The one thing you get wrong IMHO is stating Crypto as being worthless, while paper money is worth something.

This is all just my own $0.02



To: Haim R. Branisteanu who wrote (167210)1/17/2021 7:05:26 PM
From: TobagoJack  Read Replies (1) | Respond to of 217825
 
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.