When I saw the inflation potential a year ago, and perhaps as general advice, I advised subscribers to buy physical gold as both a hedge and alternative “crisis” currency to have around for a rainy day. I argued with many about the “Bitcoin” alternative, which I viewed as somewhat of a mania. The more things change, the more they stay the same. Gold is breaking out to new highs in the current challenging environment:
Source – Zero Hedge
How about Bitcoin?
Source – Market Ear
How much Bitcoin does it take to buy a loaf of bread when there is no electricity or Internet? Manias come and go, and Bitcoin is no different. However, Blockchain Technology is awesome and will survive. A wise investor would focus on the technology rather than the coins.
A.F. Thornton