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RE: What I Did NOT Do in 2011 - that You Should Consider Doing RIGHT NOW!

in #bitcoin7 years ago

Therein lays a good question... First, how long is the relative future? Next year, decade, not in our lifetimes????

Secondly, there are no third-party risks or liabilities when one is in possession of Gold/Silver.

The only risk is that you die and leave it behind to heirs, or it gets stolen from you through carelessness...

Lastly, where Gold & Silver shine - is that they will always have value no matter what they are priced in... if they do not indeed become the basis for all future valuation metrics themselves.

Many argue reasonably that fiat currencies, and all commodities for that matter - including cryptos - should be priced relative to Gold/Silver... a.k.a the classic Gold or Bi-Metallic backed standard. (Kind of EXACTLY how its stated so clearly in "The Constitution.") - anything else falls under one of the several foundational building blocks or planks of Communism, which everybody by now should know - doesn't work.

Not that such a classic standard is perfect - nothing is - but its far better than anything else by several orders of magnitude and for a multitude of valid reasons.

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