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Lawrence Lepard: It's Just Math

The Bitcoin Matrix

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Is the US at Risk of Not Stockpiling Gold?

CNN's John Defterios says he thinks the US is at risk not stockpiling gold. He believes that if we move away from the fiat standard, countries like China and Saudi Arabia will be able to print their own currency without fear of depreciating it. In terms of Bitcoin, there are sovereign wealth groups buying this stuff because they're already Sovereign Wealth Users (SWUs), according to Defterios. But again, it's still kind of early days; I don't know how things will play out.

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