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RE: Gold Bugs Really Need To Wake Up

in #life7 years ago

Yes, the ZH crowd hates bitcoin because they are bitter about having not sold the top in gold and are close to caving in to despair in the gold and silver markets over systemic control.

Their anger is just projection. They can't see the world as having multiple solutions to problems. Gold is not the solution to everything. If it was credit wouldn't exist or be abused by governments and rent-seekers.

The collapse in confidence in governments is on our doorstep. Bitcoin is a validation of that idea. Moving a few tens of billions into bitcoin that could have gone into gold still wouldn't have moved gold into bull market territory.

STEEM really does attempt to create a value chain based on human action as opposed to abusing math. And that's why as a system it has so much potential to me as an eventual cryptocurrency of note.

Great post... followed and resteemed.

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Thanks for resteeming @goldgoatsnguns. You made a great comment:

Their anger is just projection. They can't see the world as having multiple solutions to problems. Gold is not the solution to everything.

You are 100% correct my friend. Followed you too. Cheers :)

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