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RE: Are Digital Currencies the New Stock Market?

in #money • 8 years ago

I completely understand that.

There are a lot of coins that do not bring value, and they will fall by the wayside after the initial excitement.

Steem has the advantage of an engaged user base - the technology on its own won't do anything which is where a lot of coins disconnect from reality.

Oh good and silver, haha, I am in the monetary history camp so I am waiting for a revaluation of paper currencies before I get off the metals wagon.

8 years ago in #money by
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     8 years ago  

    Just for fun you got to read this one minute piece from Buffett about gold, farmland, and ExxonMobil!
    https://www.gurufocus.com/news/239678/gold-vs-farmland-vs-exxon-mobil--buffett-makes-ense-of-it-all

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       8 years ago (edited) 

      "Intelligent people make decisions based on opportunity costs,"

      Love that quote from Charlie Munger.

      That was a great article. Thank you for sharing!

      Sage advice from Buffett there, and I agree with him but I'd still buy metals right now until we have a new reserve currency - after that, give me a horse farm with lots of land, haha.

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         8 years ago  

        Thanks much for taking the time to read it!
        Yes I'm a fan of Charlie. He is a gem!

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           8 years ago  

          Of course! You recommended it so I wanted to read it.

          I am as well. The combination of Charlie and Warren are a joy to listen to.

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