There is a huge difference between a store of value like gold and a highly speculative digital token like Bitcoin, which has no real value to store. Yes, the price of Bitcoin went way up, but prior speculative gains don't qualify Bitcoin as a store of value for current buyers.
— Peter Schiff (@PeterSchiff) July 28, 2025
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When THEY decide to pull the plug on the grid or the internet, gold will still be gold and crypto would just be inaccessible electrons.
Until the Gov takes it from you then it not worth anything. Seeds water batteries liquor butts with be worth much more
Let them come. The stockpile of ammo awaits. There will be NOTHING LEFT TO LOSE if that is their move.
Thank you for allowing me to comment on NC Renegades. At this point in time, I have concluded my participation on this blog. Blessings to all.
Hi Jane – I have noticed and read your comments. I am sorry to see you go.
I’ve said that so many times I should have put it on a tape loop. But people, including intelligent people, still go for these wholly speculative digital currencies. Some are entranced by the glamor. Others understand “greater fool” movements and simply hope not to be among the final crop of fools. And one and all, no matter what may come, they will be unwilling to admit that they bought into a lie.
Good historical correlation with Tulips.
This time its different…
Bahhahahahahaha!!
Bitcoin/crypto has even LESS real world value than physical specie….which can at least be used for toilet paper or fire starter. Crypto exists and is called valuable ONLY because people believe it does. Sooner or later that belief will end.
You can at least plant a tulip bulb and get a beautiful flower. Generally the flowers will come back for many years if the bulb is treated right. Good luck getting a nice flower from ethereal electrons.