3min chapter

State of the Markets cover image

#174 Akhil Patel - This valuable signal could infer the market direction for years

State of the Markets

CHAPTER

Cryptocurrencies: The Warning Alarm

I think it's fair to say that a stronger gold price is a sign that all is not well in the world of fiat. I don't think the issuance and control of money should be left in the hands of the state. But ultimately, if you can require payments of taxes then it's going to be quite hard for other potential alternative currencies to totally dominate an economic system. As a medium exchanger, actually at the moment, thoroughly useless.

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