“Considering what we know about the world, I personally believe that Bitcoin may well explode in value as more and more people begin to use it. If you stuck $5,000 into Bitcoins and each Bitcoin did go up to a gold equivalent of let’s say, only 100 ounces of gold (not the potential fair value of 700), then at current prices your Bitcoin stash would be worth $3.3m. Now that’s what I call a tail-risk option. It’s either worth zero or it’s worth a truly outstanding amount of money. I bet you never thought you’d see this in a macro publication. But I’m serious. This just might work.”
Related posts:
The NSA’s Hidden Spy Hubs in Eight U.S. Cities
Massive surge in Litecoin mining leads to graphics card shortage
Berkeley: What We Didn’t Know
MSNBC Blames Boston Bombing on “Deeply Racist” Alex Jones
Are cryptocurrencies the new dotcom stocks?
Rand Paul Endorses Military Action Against Iran
How Musicians Smashed Racial Barriers
Rick Falkvinge's 2013 List Of Stone Dead Industries
Rand Paul slams Obama’s plans for military involvement in Syria
Extortion, Police Raids and Secrecy: The Venezuelan Bitcoin Mining World
Ron Paul / Glenn Greenwald Interview
Blowback: How a CIA-Backed Coup Led to the Rise of Iran’s Ayatollahs
The world's largest megacity, with more people than Canada, Argentina, or Australia
Google Introduces Way to Manage Your Data Beyond the Grave
Scientists release test to combat counterfeiting of legendary ‘cat poop’ coffee
