I agree with that, diversifying is good right now you don't know where things are headed.
My timeline prediction is
Stock market (and crypto) crashes
-> gold/silver immediately spikes up
-> CBDC added a few weeks/months later
-> Crypto spikes up
As the world wrestles with who becomes the next reserve currency, people will just start using crypto.
Yes locally gold/silver is good for purchases but if your grocery store has to buy internationally, they have to trust a 3rd party to hold their gold/silver and keep it secure. The 3rd party essentially becomes a bank and you have to trust they won't fudge the numbers. And over time we cycle back again into a fiat hellhole as "3rd parties" grow in power.
Cryptocurrency breaks that cycle, with it I can make purchases internationally, I don't need a bank, I don't need to trust someone to handle my finances. People will ultimately gravitate to that as they start to understand how crypto works.
I agree with that, diversifying is good right now you don't know where things are headed.
My timeline prediction is
Stock market (and crypto) crashes
-> gold/silver immediately spikes up
-> CBDC added a few weeks/months later
-> Crypto spikes up
As the world wrestles with who becomes the next reserve currency, people will just start using crypto.
Yes locally gold/silver is good for purchases but if your grocery store has to buy internationally, they have to trust a 3rd party to hold their gold/silver and keep it secure. The 3rd party essentially becomes a bank and you have to trust they won't fudge the numbers. And over time we cycle back again into what we have now.
Cryptocurrency breaks that cycle, with it I can make purchases internationally, I don't need a bank, I don't need to trust someone to handle my finances. People will ultimately gravitate to that as they start to understand how crypto works.
I agree with that, diversifying is good right now you don't know where things are headed.
My timeline prediction is
Stock market (and crypto) crashes
-> gold/silver immediately spikes up
-> CBDC added a few weeks/months later
-> Crypto spikes up
As the world wrestles with who becomes the next reserve currency, people will just start using crypto.
Yes locally gold/silver is good for purchases but if your grocery store has to buy internationally, they have to trust a 3rd party to hold their gold/silver and keep it secure. The 3rd party essentially becomes a bank and you have to trust they won't fudge the numbers. And over time we cycle back again into what we have now.
Cryptocurrency breaks that cycle, with it I can make purchases internationally, I don't need a bank, I don't need to trust someone to handle my finances. People will ultimately gravitate to that as they start to understand how crypto works.
I agree with that, diversifying is good right now you don't know where things are headed.
My timeline prediction is
Stock market (and crypto) crashes
-> gold/silver immediately spikes up
-> CBDC added a few weeks/months later
-> Crypto spikes up