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


To: TobagoJack who wrote (167221)1/18/2021 2:34:33 AM
From: Haim R. Branisteanu1 Recommendation

Recommended By
pak73

  Read Replies (1) | Respond to of 217828
 
TJ, first I am not excited about paper money and even less so of the stability of its value so clearly demonstrated in your post.
I se paper money as a medium of exchange within relative short period of time within a person lifespan and he ability to keep its true value by a variety of means even if you end up paying taxes and fees for doing this.

At the end of the day it is the better venue from any other venue to keep something as a store of value.

Humanity has not yet invented anything that can be comparable to a true store of value, and therefore at the end of day reasons are raised to start violent hostility to regain what was irresponsible splurged or lost.

.... and to make it even more clear will quote from an older lecture given to MBA students several years ago


After the above quote, I repeat my opinion that crypto currency is nothing more than a speculative item without any real natural value designed purposely for the speculative desire of humanity under the pretext of investing, which is 2 grades worse than investing in stocks or corporate bonds with the hope and assumption that the corporation issuing the financial obligations will prosper indefinitely. - examples abound of failures within a short historical period of time some lasting less than 10 years.