Showing posts with label Doomsday Preppers. Show all posts
Showing posts with label Doomsday Preppers. Show all posts

Tuesday, November 21, 2017

These Doomsday Preppers Are Starting to Switch From Gold to Bitcoin

Again, it's always prudent to spread out one's currency risk, whether conventional or alternative.

An all-in approach may reap spectacular returns short-term (e.g. Bitcoin), but could prove catastrophic long-term (e.g. USDollar).

Another point to note is how crypto-currencies can be used by financial media to slam gold, the ultimate store of value, even if it's not an ideal medium of exchange.

https://www.bloomberg.com/news/articles/2017-11-20/can-bitcoin-survive-an-apocalypse