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RE: What Happens To Cryptocurrency When The Old Money Dies? [VIDEO]

in #finance6 years ago

When the FIAT market colapses, the crypto market will rise!! I have high hopes for BITCOIN, EOS and BINANCE and a lot more coins :)

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I disagree. If you think FIAT markets will ever collapses, you don't understand the system at all. Those who control will never allow the system to fail, they'll just continue to fix issues with band-aids. Crypto will be valuable but as an asset not as currency. Also EOS is continuing to prove "questionable" at best

Kind of early to judge the success or failure of EOS. As for fiat - the debt eventually has to be monetized with high inflation - see Venezuela.

I am totally with you.

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