Quote from: hermanhugh666 on January 09, 2019, 12:38:26 AM

I think this guy has a pretty good point. Gold is a main holding of mine and silver. I do own cryptos and think that overall the economic environment will benefit holders of decentralized currency.

https://ad-venturing.com/2019/01/08/five-reasons-why-gold-silver-and-decentralized-cryptocurrencie-will-outperform-in-2019/

Some fairly good points being made.

I definitely think that precious metals, and cryptos of the decentralized variety will be able to provide a hedge against a falling traditional economy. Especially when you look at the fact that the bear market has already taken us near the lower end of prices of what this cycle will see.

Regardless of whether it's going to be hyperinflation or a recession waiting, I do see bitcoin being a new safe haven in addition to the already established precious metals. As people lose confidence and faith within the traditional economy, it is very likely that they will look to decentralized assets that can't be manipulated by a single central bank. BTC will probably be a highly desired safe haven in times of volatility within the stock markets, and the fiat ecosystem.

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why would anyone even categorize gold and silver in the same category as bitcoin when it comes to investment and while we are at it why would you categorize all cryptocurrencies with bitcoin under the same category?!!

BTC and gold and silver are all similar in the fact that they all are not centralized, and thus, can't be debased in value. But I'd comfortably say that BTC will outperform gold and silver in the foreseeable future.