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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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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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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shapeshift-ceo:-us.-federal-debt-is-the-biggest-bubble-in-the-world

Many have called bitcoin as the biggest bubble in history. Who can blame them? The meteoric rise of the cryptocurrency from $0.06 in 2010 to as high as $20,000 in 2017 has left many dumbfounded. The fact that bitcoin is still alive and starting a new bull trend is giving critics ammunition to call 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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“use-bitcoin”:-swiss-government-narcs-on-3.1m-foreign-bank-accounts

The Swiss government shares info on 3.1 million foreign Swiss bank accounts with 75 partner states. Handelszeitung, a German-language Swiss weekly newspaper, reported Monday that the financial surveillance comprises some 7,500 financial institutions in the country, including banks, trusts and insurance companies. The Swiss Federal Tax Authority (FTA) provided data on 3.1 million foreign bank…

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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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millennials-are-killing-the-economy…-because-they’re-saving-money

Millennials have been accused of killing a lot of industries (cereal, beer, housing, mayonnaise, napkins, and politics). But this might be the stupidest theory of them all. According to one investment bank, millennials are killing the entire economy. And how? Because they’re doing the decent thing and trying to save their money. Slow economy? Blame…

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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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