It seems like if the good guys were trying to end the central banking systems this is something they would do...Appreciate any good info or links
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sillBag
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- Yes, but markets don't IMMEDIATELY reflect inflation. It takes time. This is why a loaf of bread used to cost $0.10 back in the 70s but now it costs $2.
- Silver is a good buy. So is Gold. Bitcoin is definitely more RISKY than either of those, I admit that. But it's less risky than holding FIAT :).
- There is no "crypto bank".... Your wallet private key is YOUR key and you can install one of the countless open source bitcoin wallets. Import Your key. And spend your money. As long as you have access to just the INTERNET, nothing can stop your ability to transact that Bitcoin. A bank can easily block you from access from your money because they hold sole ownership of it. You hold sole ownership of your private key for your bitcoin wallet. I never recommend holding a large amount of funds in online wallets like Coinbase. That is like a "bank" and they can take your money.
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