Bitcoin bail in: Keep thinking Digital is Safe or even legitimate
As Tyler Durden submitted yesterday Bitfinex users lost 36% of there holdings, not only that but Bitcoin lost 30% due to the hack.
How could anyone even come close to thinking that digital is better than any precious metals?
How are you going to exchange it if they web went down or there was no power?
Oh wait, no one wants to think about that.
Fools.
Yeah Derrick I agree with you. I own some bitcoin but was never totally sold on it. I do see the potential in it but I also see the risks. Just like anything. Claim receipts on gold were a good idea as well and look at the monster they have morphed into.
When they are in the gold markets using the paper to push it down, might be a good time to invest into some.
I personally, use my money for long term solutions, but it sickens me to think about how many believe in this digital crap. But then again look at all the Bernie supporters even as Venezuela is starving. Ridiculous.
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