Major blue chip cryptos will be okay, even during power grid outage event, and gold over time will start to resemble crypto in large moves to the upside.
I'm buying gold coins because I don't trust bitcoin (I could be wrong) and because I'm not sure the power grid will stay up. Gold prices have long been manipulated by Central Banks via paper gold (derivatives).
btc and eth are trustworthy in terms of the blockchain, and if the power grid goes down and stays down gold will be worth little to nothing -- at that point antibiotics, lighters, ammo, food and skills will be all that matters.
So stocks crash soon, what happens to crypto and gold in this situation?
Major blue chip cryptos will be okay, even during power grid outage event, and gold over time will start to resemble crypto in large moves to the upside.
Jim Rickards and Mike Adams think bitcoin is a huge fraud now because of Tether (stablecoin):
https://www.dailyreckoning.com.au/bitcoin-future-money-or-just-a-bubble-crypto-bubble-burst/2021/06/16/
I'm buying gold coins because I don't trust bitcoin (I could be wrong) and because I'm not sure the power grid will stay up. Gold prices have long been manipulated by Central Banks via paper gold (derivatives).
btc and eth are trustworthy in terms of the blockchain, and if the power grid goes down and stays down gold will be worth little to nothing -- at that point antibiotics, lighters, ammo, food and skills will be all that matters.