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C Schmidt's avatar

At one point, I owned one Bitcoin that I purchased for approximately $3000. I sure wish I hadn’t panicked and held onto it.

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DLDawson's avatar

Interesting brief history of Bitcoin, the security of decentralized blockchain tech, as well as potential investment opportunities for crypto coins...I do believe that cryptos will play an important role as we transition to new currencies to replace to the almost dead US Petrodollar - its prominence continues to decline as it makes its way to humanity's trash pile...much of the turmoil occurring across the world today is due to the death of the US dollar, as created by the US federal reserve in 1913...

FACT: US Federal Reserve Bank is a privately-owned company, sitting on its very own patch of land, immune to the US laws...history has shown that currencies have an average lifespan of about 70 years, the US dollar is now over 110 years in age and is nearly exhausted...

another phenomenon that came upon the scene about the same time as Bitcoin is the BRICS intergovernmental organization (initially comprising Brazil, Russia, India, China, and South Africa)...BRICS membership has grown since then and is now rapidly expanding — about 30% of the world's land surface and 45% of the global population are now within BRICS...importantly, all of the OPEC states are members or set to join BRICS...

the writing is on the walls, the US Dollar is dead...smart money is moving to gold & silver in order to survive the impending financial collapse...central banks across the world are gobbling up gold (see last 2-3 years, since BIS required as Tier 1 asset)...good time to consider altering course in order to protect the nest eggs...gold, silver, and cryptos, may provide the life raft needed to survive The Storm...

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