Bitcoin is now trading over $66,000.

This comes after a number of bankers like Jamie Dimon whined about how Bitcoin was worthless. As if the dollars they create out of nothing on their computers have value.

People are losing confidence in the system and they are looking for places where they can put their money. This is why Bitcoin and other cryptos are going up in value. Cryptos represent a life raft for people escaping the dollar which is being inflated into worthlessness. I honestly would not be surprised to see Bitcoin hit a million dollars as hyperinflation sets in.

People are also buying physical gold and silver to maintain their purchasing power. Even though both have been slammed recently, they are also starting to creep up in value. These markets have been historically suppressed by Jewish bankers and their ilk, so I think these assets are on sale right now, especially considering the physical investment demand and the inflation we are seeing in other commodities.

There’s been a debate over if investing in cryptos like Bitcoin or physical gold/silver is the superior option. I lean more towards physical gold/silver because it has a track record of thousands of years and you can barter with it if the electrical grid goes down for weeks, months etc..

At the same time, I think it is very worthwhile to also have exposure to cryptos like Bitcoin. The no-coiners have it wrong. Bitcoin and other cryptos are increasingly being recognized as a viable option to escape the collapsing dollar. I personally have both and I don’t think you have to choose one or another. Gold/silver is just better to have if we happen to have a Mad Max type of a situation simply because you need to have a functioning electrical grid in order to use and transact in cryptos.

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