4 Comments

Wow, I believe I have now heard all that I need to hear in favor of cryptocurrency. Thank you, Mr. Stone. I’ve had my doubts and concerns, but I really respect your wisdom, experience, and knowledge. I also trust our president implicitly because of his strong knowledge and background in economics. I may not have a spare million lying around in my bank account, but I’m sure there are other ways to access this market for me. Thanks again!

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I do wonder if I am correct, crypto can be traced, so if a large part of its user base (people who want anonymity) and stop using it, what will that do to its value. Just like the joke for kids, facebook was fun until my mom wanted to be facebook friends too.

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So far, the US's competitors have mostly been getting out of their "severely inflated U.S. fiat dollars" for gold bullion and they have plans to bring gold (on a blockchain) back into international trade settlement. The US has weaponized the dollar and BRICS/SCO are trying to undermine the dollar in order to deprive the US of the means to bully the rest of the planet and wage war.

It will be fascinating to watch how the various currents, eg BTC and gold, in the new global monetary architecture develop in the coming months and years. Gold has a 5000-year head start on BTC; but that does not guarantee that gold will come out on top.

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Gold over the years has been a bad trade, but a hedge against inflation. I believe that crypto currencies are a better investment and offer so many more reasons to own it. Thank you President Trump for embracing this alternative monetary policy.

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