"The World Has Gone Mad & The System is Broken" - Buy Bitcoin?
The world has gone mad and the system is broken.
Those aren't my words. They're the words of billionaire hedge fund manager Ray Dalio.
In this video, we'll go through his most recent article talking about this and I'll be sharing my own opinion about why this might lead a rational investor to consider exposure to Bitcoin.
Thank you for concise appraisal of Ray Dalio's analysis of the current finical system:
a) Money if is free for those credit worthy and at the top.
b) Government debt. We see the UK parties are promising hundreds of billion of pounds in the current general election campaign.
c) Pension liabilities.
d) Cantillion effect.
THIS CANNOT END WELL.
As you said, keep and invest your money outside the central banking system where it cannot be debased.
Hi @louisthomas ,This issue of cryptocurrencies is increasingly worrying me more, this is that it goes up, and that goes down, if I will sit all day to look at the statistics, I think I would not know what to do, I prefer to be patient, the world is chaos and what follows is worse.
Blessings
There will be a flipping time when not holding Bitcoin in your portfolio will be considered a foolish thing.
Getting into crypto is definitely a good idea. But the prospect of the economy crashing is frightening. Who knows what nasty political consequences that might have.
Yes sir
Still trying to get my dad to buy Bitcoin.
He's still drinking the MSM Kool-Aid.
Although managed to dodge the last recession quite well, so there's hope.
Louis, would you be willing to do an interview with a top Steem blockchain witness about how Steem can be an alternative platform to YouTube and Facebook? Would be great to have your audience learn more about Steem!