Always kept a small amount in gold and silver as insurance. Gold does not increase in value. It is the dollar that decreases both in confidence and value. Bitcoin might turn out like Tulip Mania since the government can crush it at any time they want. Not saying that will happen but government hates competition. Replacing the ability to print would be an act of war.
Oh ya no doubt, governments around the world hate BTC and will do their best to destroy it. They have been trying for years. China and India have dabbled in banning it. I just think the crypto market is to entrenched now for them to do so without major backlash. But I don't doubt for a minute every spy agency across the globe is trying to hack the blockchain and take it down.
Hope is that it moons before they get their chance, but the way things are going BTC could be worth 10 million dollars and hyperinflation will make that 10 million worthless.
Yup, thats why get in on BTC.
Only problem is BTC will be worth 500K, but 500K will be worth 50 cents in todays dollars.
Were fucked.
Always kept a small amount in gold and silver as insurance. Gold does not increase in value. It is the dollar that decreases both in confidence and value. Bitcoin might turn out like Tulip Mania since the government can crush it at any time they want. Not saying that will happen but government hates competition. Replacing the ability to print would be an act of war.
Oh ya no doubt, governments around the world hate BTC and will do their best to destroy it. They have been trying for years. China and India have dabbled in banning it. I just think the crypto market is to entrenched now for them to do so without major backlash. But I don't doubt for a minute every spy agency across the globe is trying to hack the blockchain and take it down.
Hope is that it moons before they get their chance, but the way things are going BTC could be worth 10 million dollars and hyperinflation will make that 10 million worthless.
Where do you get your idea that the governments have been trying to destroy bitcoin for years? I'm not aware of any evidence of that.