RE: Businessman vs democratic socialists

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Businessman vs democratic socialists

in money •  7 years ago 

i am like him a lot, i like cryptos but as time continues i have far more faith in precious metals than cryptos. I understand why he thinks that way because of the long history for gold ans silver and the sort history of cryptos and how similar they are to fiat currencies.

what are your thoughts on cryptos?

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I think it has the potential to remove the control and power of the middle man that is the government and the banks. I like what schiff is doing with his gold money company by essentially having us go back to the gold standard if there's wide enough adoption. But I think because of his interest in his company, he doesn't want cryptos to succeed.

ya, I been doing a lot of research on the future uses of cryptos and they fall so much inline with currencies. I feel if it was back by something other than a formula, something physical and limited then I feel totally better about them, but i won't leave myself unexposed to all the gains lol