Crypt0's Vlog: Decentralization is Freedom- Gold, Silver, and Dollar Savings are a Sucker's Bet.

in #crypto-news7 years ago

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Everything you say in this mild-mannered rant, based on your own experience, is fine/undeniable but you cannot write off the precious metals for the long run since they are Nature's own money -- the most tradable, useful (and nearly imperrishable goods)
on this planet.

They are already working for people in Venezuela and Mexico and many other places where hyper-devaluation of currency takes place. They will always be an immutable Standard, put here by The Creator even, and a measure of mankind's honest dealings with one another.

But this is to say nothing at all against the Cryptos. Owning them now is like having shares in Standard Oil or the Ford Motor Company in 1917!

In brief it's not an either/or proposition.

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