Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
r0ach
on 19/02/2017, 17:32:51 UTC

You have to be joking.  If anything he made himself look foolish claiming bitcoin actually has the capability of defeating the gold market cap.  You've made how many threads yourself saying bitcoin has no future?  Now you're taking the opposite stance for shits and giggles even though you know it's wrong. 

I guess you could claim the bankers might try to hoist a digital currency scam system upon the serfs, then they would artificially inflate the market cap of the digital numbers that don't exist as more than imagination, and that will somehow surpass the market cap of gold; but at the same time, the central bankers would just buy up and hoard all the gold for themselves.  So the gold in reality is more valuable since they value it more than non-existent digital numbers.  The whole thing in that case would just be a trick and the gold really would still be more valuable...