Cryptocurrency isn't a bubble. The current bond fiat system is the bubble.

in #bitcoin7 years ago (edited)

Unless you've been living under a rock for the the last year or are just naive to how our current federal reserve works you're probably aware that the U.S. $ is not backed by anything. U.S. currency used to be backed by gold and i think silver held in vaults and other places. The federal reserve is privately owned. So when the U.S. govt needs a loan the fed reserve just prints out the desired amount of currencythat is backed by nothing which we pay interest on. We have more debt than there is $ circulating. We have to keep adding more and more borrowed money to add to the economy so we don't have a catastrophic collapse of the U.S. $. It os inevitable that this system will ondeed collapse and burst leaving our $ worth only as much as the paper it's printed on.

I believe this was an intentional move by the elites whose goals have always been a one world government and currency. The majority of the world is indebted to the federal reserve banksters.

It would be wise if you already haven't done so to invest in precious metals and such that will be of value when the shtf. Cryptocurrency will be the future. The earlier you start investing and learning how it works the more well off you will be. The little i have invested in litecoin and bitcoin i have gotten insane returns and i just started a few months ago. Those who took the small gamble early on literally turned hundreds into millions.

Good luck to all and Happy Jolidays to all!

Coin Marketplace

STEEM 0.22
TRX 0.25
JST 0.039
BTC 95759.82
ETH 3324.32
USDT 1.00
SBD 3.17