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RE: This Is The Perfect Environment For Cryptocurrencies To Continue To Thrive

in #cryptocurrency7 years ago

a good point. i prefer precious metals as a hedge to cryptos and legacy fiats. i don't feel the debt based system of stocks and loans is a reliable container anymore. we are witnessing both people on the street and those in the finance industry flee their wealth into cryptos.

the reasons for this have become numerous, it's not simply a matter of technology anymore. important countries like China, Russia and others have been totally fed up with the petro-dollar system. future technology (Tesla among others) is imminent that will obsolete oil rather quickly and change our lives in so many ways. the fracturing of the EU, the political/media insanity of the US, the fact that the existing system is propped up by nothing but debt, new leaks every month shaking the foundations of trust in our governments.

crypto has been ready for something like this all along. it's a great time to be alive and involved!

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