RE: BITCOIN to a trillion? GOLD to $10,000?

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BITCOIN to a trillion? GOLD to $10,000?

in bitcoin •  7 years ago  (edited)

I do like Max but he always gets way too giddy with this type of thing, if cryptocurrency and gold gets to those kind of prices that's when it is time to directly trade with them rather than paper money.

Why? Because of hyperinflation of course, after a point the only reason that the prices will be this high is because our governments have gone completely out of control with hyperinflation and then food prices and so on will soon follow.

Western governments can fake their own inflation numbers and tweak things to make everything look better than it actually is but in the end the free market will always end up pricing everything correctly.

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  ·  7 years ago (edited)

with hyperinflation these prices are going to be higher than 10 000usd per ounce...gold and bitcoin are undervalued..that is a key point.