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RE: Is The Rise of Cryptocurrency Foretelling of An Upcoming Global Financial Meltdown? By Gregory Mannarino
So true! most of the people that I have converted into crypto now prefer to keep their extra savings from their job in crypto currency instead of a savings account.
Sounds risky but we are voting with our wallets and we are fed up of this corrupt system that has caused so much death, destruction and poverty for the masses.
Another good option is with Goldmoney. Can preserve wealth in gold and buy your starbucks with a prepaid account backed in gold. Good to spread out your savinga.
I'll second that. I am a huge Goldmoney fan. I don't use the card since it is always a 1% fee to fund it (sell gold from your account to make $). I like the feature that you can pay other Goldmoney members directly in gold. Though, I'm not sure that feature has yet been approved in the authoritarian US.
Interesting. Ill have to check that out
It may be very wise to put a little savings into Common (Pocket Change) Coinage... For one thing, it will be outside of the Banking System when all Hell breaks loose... LIttle risk in holding a little Pocket Change...
Absolutely!
First and foremost I am an advocate of holding tangible assets. I would recommend anybody looking to remove themselves or de risk from the banking system to be holding silver coins at first.
Crypto is further down my list but the more I research into it is becoming a very important asset not only for banking protection but venture capital. There are some incredible projects out there and literally anybody from any country on the planet can get in an own a slice of the potential.
I'm absolutely open to the thought of Bitcoins and other CryptoCurrencies... To me, Pocket Change is the other Hard Asset that should be given a little thought...
Agree. I always put away my pocket change. Also I keep copper cents before 1982. Who knows.
Buy a roll of silver dimes, quarters or halves every month too.
Yes... I love 90% Silver Coins also... However, they will be worth "so much" after the crash that people will be forced to use ordinary coinage with no silver content as a handy Medium of Exchange... It won't be the metal content of the Pocket Change, just like it's not the Paper value of our existing Fiat Currency...
You are very wise.