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RE: Are You Waiting For The "Bitcoin Bubble" to Burst? Don't Hold Your Breath. By Gregory Mannarino

in #bitcoin7 years ago

Great post Greg!
We all know that fiat is printed out of thin air by the Fed. It is not backed by any asset. What assets are backed by crypto"s? They are also created out of thin air and have no real asset value either.
Don't get me wrong I have made some money in the crypto's these last 2 years. I've been riding the waves BIG TIME!
But when it comes right down to it Both Cryto's and fiat are the same, they have no real asset value attached to them. So they will BOTH fail.