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RE: Lions! A Serious Question On Bitcoin. Gregory Mannarino
Metals are in an inverse bubble which will also correct to fair value at one point, and expect a multiple exponential move higher at that time.
Your deduction is logical, however, what you seem to be missing out on is that blockchain doesn't have the capacity to carry the full supply of money in existence and therefore cannot become a substitute for FIAT currency, specifically USD. Cryptos may fulfill the interchangeable requirement of legal tender but can ONLY do so IF it is backed by an incorruptible asset like gold or silver.