Gold and Silver are Terrible forms of Money Compared to Crypto – Miyagi Mornings Epi-125

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I want to say something right out of the gate, lots of things are terrible forms or money but still good assets to hold and invest in. This is exactly how I view gold and silver, exceptional inflation bucking assets, but 100% terrible, outdated forms of money.

I come to this conclusion by having done something most people on either side of the debate between precious metals and crypto have not. That is I have done significant business in both precious metals and in crypto. And let me be clear when I say this I don’t mean I have sold, traded or marketed precious metals even though I have done all of those as well. I mean I have sold a product or a service to people in general for precious metal and I have done the same with crypto.

I will explain today exactly how that worked, the good and bad of both forms of value in commerce and hopefully put this argument to bed for any reasonable and logical person. The only case you will be able to make for precious metals after hearing what I have to say today, will be purely ideological. You will actually have to listen to all of it and consider it first though. Something I suspect many people will simply not be able to do.