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What I like about Mike is the way he explain things. Very easy to grasp and understand. Economics and Law are very easy things. The problem is the language. Economists and Lwayers, changed the definitions of the words to make a mess they can only understand. If spoken in plain Language that anybody can ubderstand is not that hard at all.
Funny is.... each time a Bitcoin is represented in a physical form is made out of "Gold" or some that resemble Gold.
That was soooo funny. Love Max rants! I wonder why these 2 cats are not pairing both. Max in a way is correct, Peter is correct. When is going to be when they will going to agree on Gold as a Store of Value and Crypto as a mean for Trasactions. Just like any Currency does today.
Russia continues buying large quantities of gold. In July, Russia's Central Bank purchased 9.1 tons of gold. According to Deputy Foreign Minister Sergei Ryabkov, because of new US sanctions, Russia is forced to start developing a system, within which the dollar will not be needed. Pravda.Ru conducted an interview on the subject with Alexei Vyazovsky, analyst, vice-president of the Golden Mint House.
Well... if you did a bad investment, is on you buddy. Is nice that GM is setup for Cryptos in case that is need it. However, Cryptos as an investment to me is a big No-Go. Is like playing with a very volatile FOREX.