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RE: The number 1 problem facing the world today is DEBT!!!

in #silver7 years ago (edited)

@silverbug thankyou for your post. Yes, it is going to be devastating, the biggest wealth transfer in history is about to take place. Crypto is an additional component. Before we had worthless unbacked paper money. Now we additionally have people going into debt to buy crypto - worthless non-edible digital nothings. A line in a digital ledger can be "worth" millions. All blockchains are full of errors requiring teams of "developers" who debug them. No way! No way! If crypto is so valuable, then why is it so available? And anybody can make it. Just the other day I made 1million of my own tokens on the Ethereum platform, totally worthless crap that I can fabricate out of thin air, nobody can eat it, build a house with it or fuel iron production with it. And the next thing: Crypto backed gold. You wait and see. It's coming. We already have forms of it. So many people are going to lose so much... STAY AWAY FROM THESE SCAMS!!!

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What else can I say you summed up my opinion in a few short sentences my friend. If you don't hold it you don't own it. Cheers