How I see the market..

in #palnet5 years ago

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Gold is the money of kings,
Silver is the money of gentlemen,
Barter is the money of peasants,
Debt is the money of slaves.
This says it all.

Spot price start date: 1974 = 46 years

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Bitcoin is the money of emperor's hrmm...

Price since 20013 = 7 years

Respect your elders..
Out of a 7 year life cycle.. It's speculative.

Both can be winners. BTC has some endurance as being more barter-able; reliance on power or equipment.

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