Ep. #533 (Part 1)- McAfee Isn't Wrong, But BTC (And Other Cryptocurrencies) Will Be Worth MUCH More

The world is moving away from the petrodollar. In fact, this trend seems to be accelerating. Just recently China/Russia put in place a way to trade gold outside of London's Metal Exchange. It sure strikes me that every major player is looking to diversify outside of USD (Treasury bonds) and set up liquidity channels with Euro, China, Russia, Japan.

When the petrodollar weakens, it will bring all of the greenbacks home and cause hyperinflation (that is, if a sovereign debt issue is not realized first). Not many are paying attention to this story, impressed that you even mention it! Agree that these developments are bullish for crypto, however the path will be riddled with FUD.

$0.20

2 votes

[-]

blubeast (42) 7 years ago

Yep. We're already in it. Buy Bitcoin:)

$0.00

[-]

cryptoindestment (51) 7 years ago

Damn man this was realllly good. Im only on part one so ill comment again on part 2 when i get home. I couldnt agree more, the dollar is about to colapse and im upset there isnt people on the streets yet in anger wondering how they could DEVALUE THEIR LIFE. That Bitcoin sign guy couldn't have held it up at a better time. The captions underneath literately said "yellen: strongly opposed to auditing the fed". solution: buy bitcoin.

$0.14

2 votes

[-]

blackamine (52) 7 years ago

Just paused the video to drop a quick comment, I think we are still in a bearish trend, but i think in the next few weeks we def see a up trend coming.

$0.10

1 vote

[-]

coincravings (45) 7 years ago (edited)

Awesome video as always :D Very inspirational!

$0.08

1 vote

[-]

stackin (78) 7 years ago

Waiting for the best cryptocurrency backed by 100% gold/silver :)

$0.07

4 votes

[-]

steemon (45) 7 years ago

what do you think about DGD/digix?
https://digix.io/

$0.00

1 vote

[-]

hedge-x (57) 7 years ago (edited)

$5 Trillion in Crypto by 2019. We could very well see $1 Trillion into next year. McFee is too bullish on BTC. He does not realize yet the market cap will be over taken eventually by an alt coin.

$0.00

1 vote

[-]

henslee (25) 7 years ago

Wish we new which one!

$0.00

[-]

hedge-x (57) 7 years ago

ETH

$0.00

[-]

whynot (45) 7 years ago

Thank you @crypt0 ... it's the best video from you I've watched till now.

I wondered myself why governments don't create their own crypto since it should be easy for them.

I also know that no one cares about you and you need to help yourself when the big sh*t happens.

For me it's not always about getting rich it's about independence from jobs and money for my family.

$0.00

1 vote

[-]

blubeast (42) 7 years ago

Diversify, buy crypto, buy water and food for a few days in case of a bank holiday, keep some metals, and keep a positive attitude because this is a necessary transition and the dawn of a new reality. Get to know your neighbors and steem on!

$0.00

1 vote

[-]