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RE: The Bankers Hijack Bitcoin as CME Set to Launch Futures Contract.

in #bitcoin7 years ago

You misunderstood. You can hold physical Gold and BTC, in anticipation that US fiat is in for a crash

As long as you don't go bankrupt by trying to leverage your gold or BTC, then you can wait out the crash of the fiat

There IS NOT SUCH THING AS UNLIMITED FIAT

That is the underlying fallacy in your assumption

Fiat is only infinite until the moment it isn't.

If you dont understand - look at the Venezuelan Bolivar, which was infinite up until the moment it wasnt

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I get your point, but Venezuela can't be even remotely compared to the USA and it's FED. They're not even in the same galaxy.

"There IS NOT SUCH THING AS UNLIMITED FIAT"

The stock market's performance since 2007 says otherwise. That kind of levitation can only be achieved via market manipulation.

The FED's power in the US is not limitless either. They have levitated the market for a decade, but that is a short time in bigger picture

Patience.

I promise chickens will come home to roost.

From your keyboard to God's ears, or maybe to God's Steemit feed.