BRICS are forming a new commodity / gold backed reserve currency. Bitcoin is not a commodity. Bitcoin also does not have the characteristics of money such as fungibility, so it can’t be money. It’s a digital tulip.

The financial system is a massive derivative bubble. So what is the original deposit upon which all the derivatives derive from? Gold and silver. When the derivative bubble collapses, the value of the derivatives will collapse back into gold and silver. Don’t fool yourself. Cold hard cash is, and always will be king.

BRICS are forming a new commodity / gold backed reserve currency. Bitcoin is not a commodity. Bitcoin also does not have the characteristics of money such as fungibility, so it can’t be money. It’s a digital tulip.

The financial system is a massive derivative bubble. So what is the original deposit upon which all the derivatives have been built? Gold and silver. When the derivative bubble collapses, the value of the derivatives will collapse back into gold and silver. Don’t fool yourself. Cold hard cash is, and always will be king.

BRICS are forming a new commodity / gold backed reserve currency. Bitcoin is not a commodity. Bitcoin also does not have the characteristics of money such as fungibility, so it can’t be money. It’s a digital tulip.

The financial system is a massive derivative bubble. So what is the original deposit upon which all the derivatives have been built? Gold and silver. When the derivative bubble collapses, the value of the derivatives will collapse back into gold and silver. Don’t fool yourself. Cold hard cash is and always will be king.

BRICS are forming a new commodity / gold backed reserve currency. Bitcoin is not a commodity. Bitcoin also does not have the characteristics of money such as fungibility, so it can’t be money. It’s a digital tulip.