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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 (170793)4/21/2021 12:55:40 PM
From: maceng21 Recommendation

Recommended By
ggersh

  Read Replies (2) | Respond to of 219710
 
Gold and Crypto = Means of exchange is maybe not such a rare view these days. Now we have plentiful supply of processing power across the whole planet in the form of mobile phones and PC's.

China owns a lot more gold than it’s letting on – and here’s why | MoneyWeek

(147) Why is China moving to digital RMB? - YouTube

Really, even back 2000, there was the potential to supply everyone on the planet with a mobile phone. Even the poorest starving people who could not even get food, could get a phone.

• Number of mobile devices worldwide 2020-2024 | Statista

If people have them, they will probably use them, and they don't need a fiat banker to hold up the show.

Not saying it's good or bad, just the way things could change.

jmho.



To: Haim R. Branisteanu who wrote (170793)4/21/2021 2:43:39 PM
From: TobagoJack  Read Replies (1) | Respond to of 219710
 
Crypto may be similar to peanuts, that one cannot stop at one

With the fiat money dilution around the planet, just as the people of Argentina ... Turkey ... Venezuela ... Zimbabwe try to hedge by Euro & US$, gold & silver, and more recently BTC and ETH, we in the normal monetary space are facing a similar problem, that of dilution of the major currencies.

We within the more normal monetary space have more choices in means by which we try to escape the dilution tyranny, but just having choices is not enough, for we must choose.

Gold and silver do not seem to work as life boats for now.

For us to run to Euro when the Europeans run to the USD seem silly, and so we must consider the money of the metaverse, where instead of politicians we have people democratically choose to engage w/ pixelated money that be BTC (bitgold) and a piece of software called ETH (metaSilver).

The effort to run might not work well.

But run we must, for standing still definitely shall not work out well.