Gold has physical value, does BTC?

Is Crypto the new wealth transfer scheme?

By Stryder TRX | FinanceTRX | 25 May 2021


Since bitcoin came out as each day passes I start to realize something. The truth. I always told myself two things about cryptocurrency. One that it will raise in value but I always knew one day crypto currency will drop back to 0. Why you might ask? Well let's try to compare bitcoin to gold

  • Gold is very hard to find while bitcoin can be generated.
  • Gold is a very useful precious metal while bitcoin is digital only and has only 1 use.
  • The only reason Bitcoin raised up in value was because it was used as a "Money Mule" to buy drugs. Gold is most likely going to just keep going up in value 
  • Cryptocurrency seems like its getting used for wealth transfer for those who own a majority 
  • The prices are manipulated easier then stocks

What most people don't understand if there was no black market drug sites the prices would be significantly lower. One thing that never made sense to me is you can mine/generate more cryptocurrency but how is value generated over nothing. But people don't question that they just see prices going up and instead of looking at the facts many are blinded by the chance you can make good money. But how long will this scharade really last? How long until the majority  holders are completed with wealth transfer?

Only time will tell. Many may disagree with me but this was the first rule I told myself about cryptocurrency, it will always go back to 0 making you question "true" value.

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Stryder TRX
Stryder TRX

I write articles regarding the latest information on Finances, Cryptocurrency, and much much more. Check out FinanceTRX Blog. If you want to read about my past hacking experiences, check out TruthHackLie, surely you will not be dissapointed.


FinanceTRX
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