I’ve been speaking about Bitcoin a little bit more lately. I think part of the reason is because of the increasing prices I keep running into. I’m starting to really feel the pain at the grocery store… doesn’t it seem like the costs have gotten significantly higher in just the last few years? I’m not an economist, but it certainly feels like the inflation is a lot worse than they say it is, and that the prices are probably never going to magically turn around. Have they ever?
That being said, I’m not endorsing Bitcoin or any crypto-currency. However, what I do know is that the dollar is likely to only get worse from here. Did I mention that many other countries want to bail on the dollar as well?
I’m not a financial adviser, but I think it would be wise to do some research into alternative currencies… you certainly don’t want to have all of your currency in dollars if it ever collapses. I personally think physical gold and silver are excellent choices because they’ve held value for thousands of years and can always be used for barter. However, if you are still looking to hedge/diversify with something different, than crypto-currencies just might be right for you.
And after watching the above video you may also have to wonder… could we all actually be better off without the dollar?
Agree or Disagree?
