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Where are you on Bitcoin?
- Jan Skoyles Real Asset Co -
The Real Asset Co
I still prefer Gold 1.0, or silver 1.0
If I need to do an international cash transfer, there's PayPal.
Bit Coin is kind of like the TwitterTweeter of fiat money.
Sure, people will view bitcoin as the new gold, heck, they also
view paper ETF's leveraged 100-1 as the new gold.
I'm old fashioned; "if you can't touch it, you don't own it."
I think gold metal is the forever gold.
Look, a lot of the more sophisticated investing types will probably make money with BC,
but for me, I prefer to buy and hold with DCA. I would never tell advanced traders not to do what they do best: invest in abstracts like BC,
Twitter, derivatives, short selling, there are so many ways to make money.
If someone hacks the BC system, or takes out
the world banking system's electronic platforms, I still have physical access to Metal 1.0
Besides, there is a storm surge of paper cash just waiting to hit the streets headed our way.
Using DCA to stockpile real metal is the way I always go, I guess I will always
be stuck in Gold Version 1.0 land.
Commented
3782 days ago
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Back in April everyone was talking about Bitcoin. The price shot up as a result of events in Cyprus and the financial media was abuzz with warnings against the virtual currency. Since then, the crypto currency has hit high after high, climbing over $100 in just twenty-four hours over the weekend. It might seem strange for an online gold investment platform to be interested in a virtual currency. It is something which, ultimately, has been created from a just a few clicks of a button and perhaps ...
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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