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RE: Cryptocurrency Will Benefit From The Sovereign Debt Crisis

Fiat money is the same as a mortgage or car loan....when people take those out, they acquire debt after signing a note.

This means every USD printed results in the dollar having to be paid back PLUS interest. This makes it impossible to have the system ever square up and someone is always going to be caught holding the bag (bankrupt).

I would be careful about buying into the hyper inflation argument since we are in a deflationary supercycle.

That said, you metals will do well in 2021-2023 since we will see a run in commodities and food.

Those should do very well.

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