ray-dalio-says-‘world-has-gone-mad’-and-bitcoin-crowd-cheers

Ray Dalio is making many friends in the crypto community after sounding the alarm about the perilous conditions in the financial system. In a post entitled “The World Has Gone Mad and the System Is Broken,” the billionaire hedge fund manager outlines why something has to give amid unsustainable circumstances comprised of free money, government…

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bitcoin-and-gold-jockey-for-position-in-$10k-long-term-investment-poll

In which asset class would you direct $10,000 in investment capital – bitcoin or gold? There’s one condition. You can’t touch the funds for 10 long years. According to a Twitter poll crafted by former U.S. Rep. Ron Paul, bitcoin and gold are the top choices, with the leading cryptocurrency having overtaken the precious metal…

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co-founder-of-satoshi-nakamoto-institute-blasts-warren-buffett-for-hoarding-$128-billion

Warren Buffett’s Berkshire Hathaway is sitting on a massive cash stockpile. Pierre Rochard criticizes the billionaire investor for his strategy of waiting for the value of the U.S. dollar to rise. According to Rochard, Buffett’s strategy is no different from bitcoin HODLers. The Oracle of Omaha, Warren Buffett, has been recently grabbing headlines because of…

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why-bitcoin-has-outperformed-gold-every-single-year-since-2011

Bitcoin, also known as “digital gold,” has outperformed gold every year since 2011. Given the large discrepancy in the market capitalization between bitcoin and gold, bitcoin has more potential to grow over the short to medium term than gold. So far into 2019, contrary to popular belief, bitcoin has failed to demonstrate the characteristics of…

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nearly-1/3-of-americans-believe-this-myth-about-the-us-dollar

Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the tip of the iceberg when it comes to US financial illiteracy, however. A new study reveals just how little Americans know about how their money works. An eye-opening new study…

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zuckerberg-spins-congress:-back-facebook-cryptocurrency-or-let-china-win

Mark Zuckerberg will appear before Congress on Wednesday to defend Facebook’s controversial ‘cryptocurrency’ project, Libra. In his prepared remarks, the Facebook CEO will tell lawmakers that America risks losing “financial leadership” to China if they don’t get behind his company’s plan. Referring to China’s proposed digital currency, which is expected to launch before the end…

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g7-says-bitcoin-has-failed-on-its-two-main-use-cases-but-data-says-otherwise

Crypto enthusiasts see bitcoin as a unique asset. Many rely on the cryptocurrency as a store of value while others use it as a payment solution, especially for transactions that involve huge sums of money. Chief executive of BullBitcoin enumerates the use-cases of bitcoin. | Source: TwitterOutside of the crypto community, however, many see the…

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global-us.-dollar-shortage-to-benefit-bitcoin,-says-crypto-twitter’s-biggest-bull

Many have been bearish on bitcoin after the dominant cryptocurrency breached support of $9,000 in September. The month-long consolidation around $8,000 is not helping either. It is only giving bitcoin haters more reason to scream their bearish outlook. Peter Schiff forecasting bitcoin to plummet to $2,000. | Source: TwitterBitcoin’s technicals may not be pretty but…

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bitcoin-to-shine-once-liquidity-crisis-gets-triggered

The global dollar shortage is a looming crisis that doesn’t get much media attention. Instead, we keep hearing about the trade war and the seesawing stock market but almost nobody talks about the biggest problem that overshadows them all. There’s a shortage of dollars in the global financial system. China, one of the countries that…

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if-you-followed-peter-schiff’s-calls,-you-missed-gains-of-44,400%-on-bitcoin

Peter Schiff, the chief executive of Euro Pacific Capital and Chairman of Schiff Gold, is an outspoken bitcoin hater. His animosity against the top cryptocurrency can be traced as far back as June 21, 2011. In his very own radio show, Schiff fervently expressed how bitcoin had no intrinsic value. He said, Intrinsically, the bitcoin…

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