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RE: Is The Rise of Cryptocurrency Foretelling of An Upcoming Global Financial Meltdown? By Gregory Mannarino

in #bitcoin7 years ago

Greg I agree but I believe that at some point they will lose control of the manipulation of the precious metals market. Just hope is in my life span :)

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I love Gold and Silver, but I still hold onto some Pocket Change... I consider it to be the other hard asset...

Why? How you view FRN vs coins? Why do you think that FRN will be revalue against coins?

I think the Federal Reserve "Debt" Notes will Crash... We will still need a useful Medium of Exchange... Our Common Coinage is already in place and people actually have more of it than they have gold or silver... I think the Banks won't have Paper to give you at this point... If you're lucky, you "might" be able to turn in your Paper Federal Reserve Notes into the Banks and receive one Cent for each dollars worth of Federal Reserve Notes... A Hundred Dollar Bill might get you a One Dollar Coin...