Why people who promote craptocurrency over metals are idiots:
I'm not a fan of Martin Armstrong, but his definition of gold and silver is "a hedge against government". An actual competent person trying to disparage bitcoin would mention that bitcoin is not a hedge against government since it's traffic is not obfuscated and it runs on the governments own infrastructure. Not to mention it's not possible to create a decentralized digital currency in the first place, only centralized ones.
What are your thoughts on platinum as an investment?
Platinum is an industrial metal and its too concentrated in Russia apparently. Its very unlikely to be adopted as a tradable currency when its subject to elements like car production so much and then also flawed in lopsided production potential. Of course it has a good long term fungible worth and is likely to appreciate but I'd even rate silver over Platinum ironically because its more widely spread out and available as a source of worth in every economy. Silver obviously is used for various production and is subject to excess volatility.
Greater uses should be a positive but as I understand it is disruptive to long term placement as a monetary base.
One of the interesting national uses to which platinum
was formerly put was the coinage by Russia of
3-, 6-, and 12-ruble coins, which began in 1828 and
continued until 1846.
The forthcoming measures to change and restrict internet usage in USA towards a bias of large corporate entities by the FCC with its unelected head could be more disruptive to cyptocurrency then is being discounted by the market. China already routinely disrupts and controls traffic for its population and is likely interfering in cryptocurrency with control of a too densely concentrated base of miners in that country.
I dont believe all crypto must share this weakness, its possible proof of stake is superior by not assigning control of the blockchain to the greatest source of mining efficiency, power alone