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RE: DTube - This Is Why You Need To Pay Attention To Gold!

in #dtube7 years ago (edited)

be in both Gold and bitcoin. Actually, the pattern here is the US dollar, and other fiat currencies are devaluing rapidly. So there is an interest to get out of fiat and into other things. Bitcoin is certainly easier than gold since gold you have to store some place. If its the GLD ETF, you have this crazy tax calculation you have to do each year which is a pain. The taxes for bitcoin will be confusing too if you transact with it a lot, so keep really good records. To be an honorable player in cryptocurrencies, be sure to keep really good records and pay your appropriate taxes. Don't give the tax authorities, regulators and politicans a reason to go after crypto.

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It's good to have some fiscal assets when electricity is off.

electricity can always be made. you can even just stick a copper pole and a zinc pole in the ground and make electricity.