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Re: EliSmith post# 61829

Monday, 01/02/2023 10:12:26 AM

Monday, January 02, 2023 10:12:26 AM

Post# of 63466
You don’t understand bitcoin. The premise you stated against it “This is because bitcoin is nothing but a greater fool trading vehicle. It has no other use, it does not produce anything, it does not have products, sales, earnings, plants or real estate. It is a pair of dice made out of air destined only to return to air at some point.”

This is what EVERY world currency is. Toilet paper printed out of thin air. We have massive worldwide inflation on everything you listed above bc of governments doing it. Bitcoin is limited (minus the crap FTX pulled) as is Gold and Silver… I’ll take my chances with bitcoin and bitcoin miners over the next 5-10yrs… While the dollar and other world’s currency purchasing power becomes less and less.. Wait until the petrodollar is destroyed. You ain’t seen nothing yet!

Enjoy 2023

https://www.zerohedge.com/markets/2023-you-wanted-endless-stimulus-you-got-stagflation

https://www.kitco.com/news/2022-12-30/Retail-investors-see-silver-prices-rallying-more-than-50-in-2023-to-38-an-ounce.html
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