I get a little nervous when MSM starts actually turning pro-bitcoin. I always think, "Why are they suddenly promoting it? What's in it for them?"
Congratulations for being the only non-idiot in the thread. Bitcoin is a tool for them to try and keep people out of the highley strained metals market only being propped up temporarily by rehypothecation while also helping acclimate people into the de-cashing of society and integration into a cashless society control grid. They'll allow bitcoin to go up a bit then mercilessly implode it and claim "Oh, so sad, that darn bitcoin is just not dependable and was used by too many launderers and criminals anyway. We'll have to issue a government coin that's much more dependable with built in KYC so people won't lose money!"
Too bad for them this plan doesn't work. Western investors are literally mentally retarded and metals demand drops off a cliff when the price is low while demand is huge in the rest of the world like China right now.
Westerners always jump in to FOMO buy at the top and don't buy anything at the bottom.
I'm afraid this metals shit will never pan out, sorry. And I actually hold a fair amount of physical PM's. Good thing I got into bitcoin.
Kind of irresponsible to be recommending dead-in-the-water metals. Too much of a long shot unless you're praying for an apocalypse.
Much better to get into bitcoin, turn a profit, then buy a few coins and bars for fun but they'll never really amount to much anyways.
Not sure why you push gold and silver so much. Its kind of laughable. What a shitty investment atm. Price will probably drop lol.
It's laughable you have so many scamming children claming bitcoin is going to be the new world reserve currency when it has poor fundamentals as both money and currency. It's useless as a settlement unit (money) due to having built in rent seeking middlemen (transaction validators) and doesn't remove counter party risk. Those are attributes you find in things like fiat currencies, not real money. It also performs poorly as a currency due to huge overhead from triple entry accounting (and Lightning network doesn't function in a decentralized manner so don't even give me that bs).
It's designed to perform bad at anything you would want a monetary instrument to do while also not being fungible either. But such things don't interest mindless children, all they care about is if Jim Cramer gives it a thumbs up or not. Meanwhile, all the smart money in the world is buying low instead of high and getting metals while the Jewish banking ESF has manipulated them down to cost of production. Metals are the Schelling point when faith wanes in debt based fiat bills, not bitcoin.