BITCOIN CRASH -- BitCoin's Greatest Lesson

An advantage of Bitcoin over the metals is you don't have to send something physical anywhere when making a transaction.. Not all of us who like cryptocurrencies think it'll definitely work but.. but what makes it a legitimate money is people accept it as the best medium of exchange, it does have to be physical.. scarcity is built into the code 


A 7 billion dollar world market cap is peanuts for a world currency. If it's so flawed as you contend, it will fail. Why even do videos on it? I will suggest bitcoin is in your nightmares. You realize its potential as the ideal world currency and at the same time you wish you got in early. No worries mate, the bankers didn't see it coming either. The people of Cyprus flocked to bitcoin. The first university in the world to accept bitcoin was in Cyprus. If bitcoin was more widely available and known in Ukraine, people would be flocking to it before metals. I know you don't like to hear this. Wealth is perceived, this applies to bitcoin and a shiny gold metal sitting in a vault too. You're correct about MtGox though. Don't trust your bitcoins with anyone, just like your metals which could easily disappear if you let someone else hold them.
Listen to the voices of 2013 talking about Bitcoin.
The $475 Million collapse of Mt.Gox is a great reminder that; you don't own it, if you don't hold it.
All along I have said that the BitCoin pumpers have taken something with NO intrinsic value, built up the PERCEIVED value for the greater fool's REAL value.
As the collapse in the Ukraine shows, once again, gold and silver are the best ways of protecting your wealth.
View the entire Silver Shield Collection