[Swordfish1010]

(01-27-2019 12:57 PM)Iconoclast007 Wrote:  

In 5 years we will have accelerated through the parabolic net energy cliff. EROI will have collapsed and with it economic growth. Without economic growth puting aside economic contratraction, countries currencies Fiat will hyperinflate as world depression/deflation takes hold.

Either way fiat is a bad play.

Either way gold is a store of wealth

Crypto is the only robust answer im aware of. Gold is difficult to conduct business internationally with. A smart contract is a great solution amd replacement for international settlement.

This is a thermodynamic problem of net energy available to conduct work. You can not utilize economic theory to fix the laws of nature. Debt is money and money is debt. Dollars are a lien with interest against future enegy stores that are declining in net value.

Cryptocurrency can survive and thrive in a hyperdeflationary environment unlike fiat. In that respect it is inversly correlated to fiat. Now is the time to buy while there is blood in the streets of crypto.

Unfortunately I do not know which crypto is the best play. Or even if the current crypto options are any good. Time will tell. Its risky... But i think less so than dollars stocks or property 2019 forward.

Im hoping someone can chime in on best plays with the above in mind.

Bitcoin is the only crypto worth buying.