btcbeliever
Member
**
Offline Offline

Activity: 131
Merit: 15


View Profile Personal Message (Offline)

Ignore
June 17, 2019, 01:04:59 AM

The only way bitcoin could realistically die

It dies simply from having garbage fundamentals compared to physical metals.  As I already explained, there is no plausible outcome Bitcoin becomes the world reserve currency.  None.  You need a very low IQ to not understand that the base of Exter's pyramid is determined by whatever asset removes the most risk and counterparties, and Bitcoin has built-in middlemen and counterparty risk, can die from an unfathomably large amount of black swans, while metals require a black hole hitting the earth to be destroyed.  

Risk is objectively higher for any digital shitcoin over metals period.  Not 'a little' higher, retardedly higher.  It's not possible for digital shitcoins to defeat metals on Exter's Pyramid.  Only a fool lies to himself thinking telling himself lies is going to help him make money.  You're getting high on your own supply.  The only two possible outcomes for US currency and/or world reserve currency after the dollar implodes are as I already explained below:

1)  If the system goes bust, the state loses control, mass chaos everywhere and disruption in power, water, and other facets of normal life, odds of going back to metals as money are 100%

2)  If the banking system goes bust and the state maintains power, they will either be revaluing metals to recapitalize the system or launching a new fiat/digital currency slavery system they freshly print out of thin air.  The US govt has an extreme shortfall in gold but (through JP Morgan) owns at least 1/3rd of all physical silver on the planet and will revalue that stack to the moon.

Roach, why are you even on this bitcoin speculation forum?  What's the point of picking arguments with us about precious metals being safer than bitcoin?  Life is too short.  Why don't you find points of agreement with others, instead of typing insults?  Bitcoin is not a shitcoin.

Bitcoin single-handedly enabled my early retirement.  It's done alot more for me personally (and that is an unerstatement!) than my gold/silver investments ever did.