Why Bitcoin Will Be Better Than Gold
Hello Everyone!!!
I am Donald David Dongalore!
Earlier in the day, I had promised that I would provide some remedial education! I am doing this because I believe that there is a lack of literacy, with regard to the cryptocurrency space, in the arena of monetary policy and the effect that meddling with a money supply can have!
To fully understand what is happening, it is imperitive to have a firm understanding of what is so called "hard money" vs "easy money"!
In the chart you can see that as far back as time will allow me to chart is the year of our LordAnneTaylor 1975. Unfortunately this does not allow for the accurate price analysis of Gold in comparison to the United States Dollar prior to thier decoupling by the great and glorious President Richard Nixon, who I'm told has established quite a reputation for watches and sunglasses! How exciting!
The interesting item that I believe I have uncovered here is that when you scale the 21st Century Fox (TM) digital gold i.e. BTC to the origin of decoupling "hard money", we can see that what was once an asset which had appeared to be manipulated through paper (XAU) has done nothing more but grow in value on a consistent basis when compared to the now "easy money" generated by what can be presumed to be the "easy money" powerhouse of the world!
It is interesting to note that this powerhouse of "easy money" no longer enjoys the same prosperity that it once had while following the economics of "hard money" and has since laden its populace with reckless amounts of debt! How enjoyable it must be to live there!
BTC which is growing ever more scarce and difficult to obtain, shares many properties with XAU but has many more features which make it incredibly useful!
Don't invest in "easy money"! It will make you poor!
I don't give advice, but if I did, it would be good.
I am Donald David Dongalore!
Earlier in the day, I had promised that I would provide some remedial education! I am doing this because I believe that there is a lack of literacy, with regard to the cryptocurrency space, in the arena of monetary policy and the effect that meddling with a money supply can have!
To fully understand what is happening, it is imperitive to have a firm understanding of what is so called "hard money" vs "easy money"!
In the chart you can see that as far back as time will allow me to chart is the year of our LordAnneTaylor 1975. Unfortunately this does not allow for the accurate price analysis of Gold in comparison to the United States Dollar prior to thier decoupling by the great and glorious President Richard Nixon, who I'm told has established quite a reputation for watches and sunglasses! How exciting!
The interesting item that I believe I have uncovered here is that when you scale the 21st Century Fox (TM) digital gold i.e. BTC to the origin of decoupling "hard money", we can see that what was once an asset which had appeared to be manipulated through paper (XAU) has done nothing more but grow in value on a consistent basis when compared to the now "easy money" generated by what can be presumed to be the "easy money" powerhouse of the world!
It is interesting to note that this powerhouse of "easy money" no longer enjoys the same prosperity that it once had while following the economics of "hard money" and has since laden its populace with reckless amounts of debt! How enjoyable it must be to live there!
BTC which is growing ever more scarce and difficult to obtain, shares many properties with XAU but has many more features which make it incredibly useful!
Don't invest in "easy money"! It will make you poor!
I don't give advice, but if I did, it would be good.
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