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General
General Chat
Is the crypto boom & bust just part of 'every bubble being pricked' in wider market sell-off?
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<blockquote data-quote="user 4386" data-source="post: 658426" data-attributes="member: 4386"><p>The trouble with that, other than the high risk, is what use will it be to you in that case? Noone will buy it from you except the government at their price, so you cannot use it for 15 to 40 years while it gathers dust. The whole purpose of having it is to have a negotiable asset when currencies collapse - but the instant you try and sell even an ounce you are in trouble..perhaps deep trouble.</p><p></p><p>It sort of defeats the whole purpose of having it.....</p></blockquote><p></p>
[QUOTE="user 4386, post: 658426, member: 4386"] The trouble with that, other than the high risk, is what use will it be to you in that case? Noone will buy it from you except the government at their price, so you cannot use it for 15 to 40 years while it gathers dust. The whole purpose of having it is to have a negotiable asset when currencies collapse - but the instant you try and sell even an ounce you are in trouble..perhaps deep trouble. It sort of defeats the whole purpose of having it..... [/QUOTE]
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General
General Chat
Is the crypto boom & bust just part of 'every bubble being pricked' in wider market sell-off?
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