Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category

ranbotrader
Member since May 2012
188 commentaries - 1 follower

1 followers

has posted a comment on the article :

Bitcoin and the Rebirth of Financial Safe Havens - Jon Matonis - The Monetary Future

I don't know a heck of a lot about the Bitcoin revolution but I have foreseen 'computer credits' replacing physical money for 30 years. Everybody I have ever discussed this with has laughed at the concept but you have to see it coming. Maybe a closer look at biblical prophesy might be in order as it looks familiar to what is beginning with the Bitcoin revolution. But don't expect it to stop there as we all saw a failure of the Bitcoin 'currency' recently and investors were burnt.

What is coming is a world without currency but with cyber 'credits' as a replacement. But there will need to be a central administrator of such a system to ensure integrity. Then nobody will be able to avoid taxes or squirrel away money. Sort of fair as those who cheat simply require the rest of the population to make up the shortfall. And of course those who cheat and put their money in hidden overseas accounts are normally the richest amongst us. As much as I do not like big brother I also won't be unhappy to see crooks get caught.

Commented 4005 days ago

Send

Beginning of the headline :Like never before, financial privacy and safe havens are under attack the world over. Banks and even entire jurisdictions are feverishly responding to increased government scrutiny from the world's monetary power centers in the name of exposing political corruption, combating terrorism, and preventing tax evasion. Full financial t... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis