quote: there is no magic safe haven in our economy.
quote: During the global financial crisis... Things here in Australia weren't to bad as we saw continued growth through the entire thing, so I really didn't pay much attention to it.
quote: We would've just started printing money like crazy
quote: Politicians are feeling accountability in ways they never have before.
quote: But you certainly wouldn't be broke. And that is the point. It is not people trying to get rich off of tech stocks in the 90s or people trying to get the house of their dreams in the 00s. People investing in gold want safety.
quote: tried and true savings methods
quote: After a meteoric rise to prices of up to $30 USD/bitcoin at their peak, the crypto-currency has plunged down to around $8 USD. This alone should be enough to convince any logical investor to stay away.
quote: It is comparatively much easier to make money trading Bitcoin than, say, stocks
quote: Check out the charts for the last year
quote: is now stabilizing back down to normal growth levels
quote: I can't figure out why people will believe in this dumb virtual currency
quote: you don't have to worry about inflation