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When the internet goes down, Bitcoin and all those other virtual currencies are GONE,
until then it might be a great investment.
Maybe I am wrong on Bitcoin.
We will see.
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H/t reader squodgy:
“Do we really think the Bankster elite will let Digital Currency in general & Bitcoin in particular, get out of their clutches indefinitely?
They’ve spent the last five years scheming, and now they have the answer….compliance to an approved standard code.
That can only lead to registration and the eventual demise of the ‘freedom & secrecy”.”
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Peter Schiff on CNBC 2/27/2017
I’ve said many times that, in my opinion, only PHYSICAL gold and silver are real and everything else will turn out to be an illusion, when the financial collapse will happen.
I’ve stated about Bitcoin, that (in my opinion) all those virtual Bitcoins will dissolve into thin air …. ‘aaaand they are gone‘, when the system (and the internet) will go down .
And good luck with those worthless gold ETFs, that will turn out to be backed by nothing.