Title: Gold Will End Fiat Currency, Recession Will Reset The Economic System: Bob Kudla Source:
[None] URL Source:https://www.youtube.com/watch?v=jcYpBQhS6fs Published:Mar 27, 2019 Author:X22Report Spotlight Post Date:2019-03-27 21:38:56 by BTP Holdings Keywords:None Views:35 Comments:3
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When China and Brazil put controls on it, Bitcoin took a 20% drop overnight.
It's been very volatile, but has not died. And it seems to be poised now for another run up.
Besides, Crypto is just digits on a computer.
And cash isn't?
It could also vanish completely if the internet goes down. ;)
If the internet goes now, so does the USD and all other fiats.
It is true that bitcoin has no intrinsic value as gold does. But of all the necessary qualities a money must have, bitcoin/crypto currency scores high is most of them, many of which it scores higher than gold and silver, such as transferability and divisibility.