May 2021 - Page 6

Unlocking Cryptos: Bitcoin Could Hit $2 Million a Coin

Signal

Is crypto an inevitable successor to fiat currency? Trish Regan from the website American consequences weighs in on the future of digital currencies.

I’ve been writing about the administration and the Fed overspending for months now. It’s just not sustainable. Someone or something has to reign it in — perhaps the markets themselves — because, as of now, Washington’s mortgaging the economic future of our children for its political standing in the present.

Someone or something has to reign it in — perhaps the markets themselves — because, as of now, Washington’s mortgaging the economic future of our children for its political standing in the present.

And another cold truth is that with inflation already here, you as an investor should take advantage of the opportunities provided — but tread lightly. The best ways to hedge your bets and capture this fleeting market magic? Hard assets, real estate, gold, and of course, bitcoin

On the American Consequences podcast this week, I spoke with Gregg Foss, Executive Director at Validus Power, who explains how sovereign currencies like the U.S. dollar have been obsolete and unsustainable for years — and that crypto is their inevitable financial successor. 

Sovereign currencies like the U.S. dollar have been obsolete and unsustainable for years — and crypto is their inevitable financial successor. 

Greg foss – executive director validus power

Read the full article on American Consequences by Trish Regan: Unlocking Cryptos: Bitcoin Could Hit $2 Million a Coin

See also

Requiem for a Currency … The slow death of the U.S. dollar

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