Precious Metals Vs. Cryptocurrencies
(Audio length 00:10:04)
Highlights
-
Head of the Trends Research Institute, Gerald Celente returns with positive comments on the gold safe haven as well as the cryptocurrency market.
-
Despite the fact that digital money has a market cap. of over $100 billion the topic remains highly polarized.
-
Investors seem to come to their senses, slowly and one by one. Some analysts are forecasting the crypto market cap. to soar by 50 fold to $5 trillion.
- The crypto domain could rival the FOREX market, the largest global exchange.
- For the first time in human history, global citizens have a free, ubiquitous alternative to their local / national currencies.
- Anyone can have a Bitcoin account via nothing more than a second hand mobile phone, almost any transaction can take place.
- Policymakers world wide are losing control over the populace; investors in China / Venezuela / Brazil are opting out of the official system.
- Related cryptocurrencies, such as Komodo coin (KMD), offer an anonymous blockchain alternative.
- One of the more compelling aspects of tokens over the traditional stock shares, each token is mathematically stored in a decentralized blockchain. Mainstream
- Analysts are calling for $50,000 Bitcoin, approaching the$100,000 Bitcoin forecast of prescient Silicon Valley VC, Tim Draper.