Comment: G. Edward Griffin's (The Creature From Jekyll Island) take on

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G. Edward Griffin's (The Creature From Jekyll Island) take on

bitcoins.

REPLY FROM GEG:
Hello Don.
I like Bitcoins and I think they probably will make some pretty good money for those who buy them early. However, be aware that, unlike gold or silver, they are intangible and exist only on the Internet. If the Internet fails or is taken over by forces that are hostile to Bitcoins, they could cease to function. I suggest that people consider them as a speculative investment and not risk their nest egg on them.

Reminder: Money can be made on gold and silver, too, although the Bitcoin price could skyrocket (and plummet), whereas bullion probably will more closely approximate the pace of inflation.

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself.
Friedrich Nietzsche