Bitcoin at the Mercy of Programmers While Gold and Silver are Immutable. by maneco64

in gold •  7 years ago 

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Yes, Precious Metals Value is here to stay. Too many good reasons to hold it.

I basically agree with everything the gentleman in the video said about gold and silver. The problem is right now all governments around the world are rigging the metal prices which puts them on sale but doesn't help you as an investment in the short term. Less than one percent of the world's population are invested in the crypto space. With governments around the world destroying the values of their currency's more and more people will invest in crypto's to escape the fiat currency scam. Crypto currency is a new revolutionary technology and needs to evolve and that's what we are witnessing right now. Cars started out as a model T but were not driving a model T today. As I see it the crypto's are the only chance we have right now to bust the backs of the central bankers by giving them competition. This in turn will give us free markets that we haven't had since 1913 when the fed was created and that includes gold and silver.

i agree with some of what you wrote, however crypto's will change the way gold and other metals are priced very soon. I believe p2p crypto's will pull away from how commodities are traded by actually trading real metals for crypto. The CME just announced they are going to trade futures on bitcoin which i believe will make it skyrocket. This will also cause bitcoin to be manipulated in the future. Wall street is so corrupt and manipulates control on 100% of what they touch. Good luck and thanks for your response