Gold Will End Fiat Currency, Recession Will Reset The Economic System: Bob Kudla

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
Views: 64

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Today's Guest: Bob Kudla


Poster Comment:

Trump is exonerated.

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#1: Pinguinite    To: BTP Holdings (#0)

Gold Will End Fiat Currency,

Crypto currency has a much better chance of doing that than gold does, I'd say.

Pinguinite posted on 2019-03-28 00:24:15   Reply   Private Reply


#2: BTP Holdings    To: Pinguinite (#1)

Crypto currency

When China and Brazil put controls on it, Bitcoin took a 20% drop overnight.

Besides, Crypto is just digits on a computer. It could also vanish completely if the internet goes down. ;)

BTP Holdings posted on 2019-03-28 06:17:34   Reply   Private Reply


#3: Pinguinite    To: BTP Holdings (#2)

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.

Pinguinite posted on 2019-03-28 10:29:20   Reply   Private Reply