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RE: Schiff, Dent.. Anytime Baby! From Gregory Mannarino

in #bitcoin5 years ago (edited)

To what end? Schiff is making some valid points regarding BTC - at the end of the day its just another fiat currency.
Other things he says are nonsense, like his speaking for a "free capitalism". We have seen where that is leading to.

In my opinion, the BTC boom now is reason to worry rather than to be happy about. Because central banks (and their political puppets) hate Cryptos - its a competitor to their own product, and they have difficulties to get it under their control. That makes me wonder how much longer they will allow this to continue. And lets face it: if they want it to stop, they will have the means to make it stop. As you said yourself, they make their own rules how the game is played.

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Valid points but he has been WRONG for years...