Not worried. The crypto Ponzi is beginning to eat its own tail, with the early adopters selling out at crazy prices to later, greater fools. Sure, that keeps cash out of gold and silver -for now. And keeps sales going and premiums lower for the rest of us.
If the crypto bros don’t understand what they’re getting into, it’s not anybody else’s problem at this point. There has ban plenty of education and warning out there. Sure, some people are making huge profits, and good for them, I guess. As for those who will lose, well, we each have to make our choices and take the consequences, good or bad, don’t we? When every last trick in the book has finally been pulled and it’s the metals holders ’ turn to take their gains (to everything a season and all that….), the crypto baggies will be putting their assets up for sale at bargain basement prices. The shopping will then commence! Maybe that’s not nice, but you can’t save those too sure of their own beliefs to listen to the wisdom of the ages. Might as well reward yourself if you hung on and stayed with truth and value until the bitter end instead of chasing the latest, greatest scheme. If you don’t buy up the bargains, Black Rock will, and no virtue in that, is there?
Not worried. The crypto Ponzi is beginning to eat its own tail, with the early adopters selling out at crazy prices to later, greater fools. Sure, that keeps cash out of gold and silver -for now. And keeps sales going and premiums lower for the rest of us.
If the crypto bros don’t understand what they’re getting into, it’s not anybody else’s problem at this point. There has ban plenty of education and warning out there. Sure, some people are making huge profits, and good for them, I guess. As for those who will lose, well, we each have to make our choices and take the consequences, good or bad, don’t we? When every last trick in the book has finally been pulled and it’s the metals holders ’ turn to take their gains (to everything a season and all that….), the crypto baggies will be putting their assets up for sale at bargain basement prices. The shopping will then commence! Maybe that’s not nice, but you can’t save those too sure of their own beliefs to listen to the wisdom of the ages. Might as well reward yourself if you hung on and stayed with truth and value until the bitter end instead of chasing the latest, greatest scheme. If you don’t buy up the bargains, Black Rock will, and no virtue in that, is there?