Bitcoin, Bitcoin, Bitcoin,
Crypto, Crypto Crypto,
Gold Gold Gold Gold Gold GOLD
Silver Silver Silver Silver SILVER
Are you watching the price of silver and gold going down and thinking I'm losing money. If you still own it you have lost nothing.
Why? Because the true value of Gold and Silver measured against fiat or crypto currencies is illogical. Made up currency is worth more than a real gold coin or silver coin? Pieces of paper and debased coins, or a crypto currency that depends on a "network" or "blockchain" to function? I don't think so.
Yet the idea of using the fiat currency and crypto to profit makes perfect sense as they world wants to embrace the reality of illusion and what better way than crypto, now that fiat has lead the way with electonic transfers, credit cards creating "money" as you make the purchase. Gold and Silver looks even more inviting thinking of "currency is the illusion of money." as Thomas Jefferson said. With so many people willing to abandon reality for the Ponzi scheme of fake money.
The crypto space will boom because this is what people really want. They don't want to have to dig gold out of the ground. They do not want to have to protect it and make sure it does not get stolen. They have no problem turning on their computer and saying. make me some money, oh Golden Goose. And as technology grows so too the opportunity for criminals to hack and steal you wealth. Since most people will probably will leave their wealth on a "regulated exchange." thinking it safe, or insured.
This is going to create a lot more unforeseen consequences that may not reveal themselves for years.
This is NOT Financial Advise
