Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
thejaytiesto
on 07/06/2017, 17:33:33 UTC
Guys like you always lose. You will spend your life fruitless i know people like you. Stuck in their ways cant see the market. Dont try to make the market do what you want do what the market wants. Gold is hopeless.. it was left behind for a reason. Commodities are headed back to utility value and under that to test miner resolve. After that we will see black swan which will send it to some nice lows. Then we will see.

What a load of shit.  A "black swan" to send metals to "nice lows" HAHA.  The only black swan capable of doing anything to metals is a black hole swallowing the earth.  Meanwhile, there's about 1 million black swans that can destroy bitcoin.  So many liars in this thread claiming bitcoin is a more sound monetary system.  Anonymint has also jumped on the lying bandwagon where he used to parrot Armstrong's claim that the purpose of metals are "a hedge against government", then he started claiming cryptocurrency is better than metals except cryptocurrency provides no hedge against government whatsoever.  Cryptocurrency is a massive counter party risk to government.  You're using the governments infrastructure to even use it for fucks sake.  So by his own definition there is no purpose to cryptocurrency.



This doesn't seem like a good hedge against government. Sure laws are laws and they are there to be (or not) followed, so you could hide your shit, but it's still there somewhere and they can find it.

If you hide a bitcoin wallet inside an encrypted hidden volume you can claim plausible deniability. So gold being a physical thing (that so many goldbugs love because "if you can't touch it then it's useless") is its greatest mistake.

Also have fun trying to cross any borders carrying gold. Tbh gold is useless in a post-encryption environment. Sure, there's a lot of problems that come with using something like bitcoin, but overall it beats gold as "a hedge against government" in my book.