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RE: Bullish Apocalypse

in #bitcoin5 years ago

Honestly crypto and Fiat are very similar in their nature. Fiat gains its value through faith in the backer. When the backer is full of debt and does not look confident which most countries don't then the Fiat becomes worthless. Crypto is based off faith in the technology behind it. If something were to falter with it or someone were to say hack a system then the value of crypto would fall. The safest types of items during these times are those for shelter food water and skills. Now after everything calms down precious metals such as gold and silver would be the only way to have any of the wealth you had a previous to these collapses. This is just my view I appreciate your post!

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