Bix Weir: Why Silver Bugs Should LOVE BitCoin!Submitted by MMJ Ministry on Wed, 12/04/2013 - 03:28
He gets it mostly right but his FAITH in government to do the right thing is laughable....
So the race out of fiat has begun and for the first time in monetary history there is a TRANSITION CURRENCY that may be widely accepted BEFORE the fiat system implodes! Don't get me wrong....Bitcoin will have many gyrations as it rises and some will be artificial (Yes-banks and governments are in the Bitcoin game) but it is still better than fiat so it will continue to rise. Bitcoin will likely go to a $Million Dollars per coin as the fiat system fails because it is still much better than anything the Global Banking Cabal has to offer. But then what? What will those BitCoin multi-trillionaires do with their new found fortune?
BUY PHYSICAL SILVER OF COURSE!
And that's the very best thing about Bitcoin - the inevitable END GAME. You already know how it will go down as EVERY unbacked currency in the history of money has FAILED. Every single one and people always, and I MEAN ALWAYS, return to using gold and silver as money. It will be no different this time with BitCoin.
These BitCoin people are not stupid. They understand currencies better than most. They know BitCoin is a very good form of money...