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RE: The Meteoric Rise of Cryptocurrency. By Gregory Mannarino

in #bitcoin8 years ago

It wont take much for people to abandon the dollar once hyperinflation hits. Once the purchasing power of the dollar declines to the point where people have to choose between filling their car with gas and eating dinner that night, people will wake up fast and begin scrambling for ways to neutralize the loss of purchasing power by transitioning into real assets aka cryptos and precious metals.

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I completely agree and that was my point at the end of my comment. Which is sad because people think I'm crazy for trying to protect myself. Especially knowing that it will blow up, it's not even speculation its a mathematical fact we will hit the wall, when who knows.