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RE: Central Banks Are Driving Many To Cryptocurrencies

in #bitcoin7 years ago

Cryptocurrencies are the perfect store of wealth and hedge against inflation. They are not cumbersome like the precious metals, nor is there an element of danger at the point of exchange. I am a fan of the precious metals, but cryptocurrencies will be taking their place in the currency arena in the not too distant future. I believe that the powers that be want to try to string on the suppression in the metals market until this move into cryptocurrencies relieves the pressure that they are under due to their naked short positions in the metals. I still like silver, a lot, for industrial reasons.

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i think both metals and cryptos will have their place.

This is true.

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