Wonder if anyone is selling their 3.5 ounces of physical gold now to buy 1 fiat Bitcoin ("fiat" means created out of thin air and backed by nothing), or if anyone is selling their 1 fiat Bitcoin now to buy 3.5 ounces of physical gold?
Long term, who will be the biggest winner?
Fiat Bitcoin versus physical gold?
Let's examine this question fairly, shall we?
Let's say the Bitcoin evangelists are right, and 1 fiat Bitcoin goes to $10,000 US Dollars each. If you own any fiat Bitcoins, will you financially win by it?
In a Global Currency Reset scenario, when the US Dollar dies. The Gov't will create a NEW currency to bail out the dead US Dollar. However, $10,000 US Dollars may only be worth .10 cents or $1000 in the NEW issued currency, so one's $10,000 fiat Bitcoin has lost 90% of its value overnight, as it will only be worth $1000 in the NEW issued currency in a Global Currency reset. But $10,000 in physical gold will still be worth $10,000 or more in the NEW issued currency; thus, one's wealth is fully preserved and protected by owning physical gold; unlike owning fiat Bitcoins.
Sometime to think about as you hear and process through all the fiat Bitcoin jibber-jabber, hype and fiat deception.
Disclosure: never owned any Bitcoins and never will, and don't care either way if the Bitcoin price goes to $1 million or $1. Simply the truth is told about fiat Bitcoin and physical Gold/Silver; whether its good or bad, or if the truth hurts.
All the best!
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endtimenews
