Quote Originally Posted by Shami-Amourae View Post
The sad thing is I'm starting to think Bitcoin is literally destroying the precious metals market. The Liberty community is being split in half. The younger generations who are more tech savvy are going for cryptos and the older generations are thinking WTF is this shit?! A lot of the money is going into cryptos while bankers and older generation Truthers hold onto Gold/Silver when that may not be the future after all.

In other words precious metals may not be the safe haven, but it actually may be cryptos.
Maybe younger generations just have a lesson to learn? I don't hate bitcoins, it is a bubble, it is not different this time compared to the millennium Internet bubble, the PM-bubble of 1979-80, the stock market bubble of late 20's, or the tulip bulb bubble of 17th Century Holland, a few made a fortune, a lot more lost a lot, some everything. Can bitcoins go up to $10,000 or even $100,000? Yes, it is possible, but I am not going to line up to buy it then either. It has no substance. I don't buy something without substance, and its fluctuations makes it a terrible choice of medium of exchange...