Is it time to sell your gold and buy BitCoins? Adam Rabie believes
you should own both. He sees electronic virtual currencies as one
of the keys to protecting your wealth. They're still very new and
have a number of issues that need to be worked out before they can
take their rightful place next to the Dollar and the Euro. However,
they are evolving quickly, and with a few tweaks they'll be ready
for mass acceptance. People are extremely concerned about the long
term viability of the fiat currencies currently in use. The fact
that the supply of BitCoins is fixed at 21 million units means that
by definition it cannot be inflated out of existence. As long as
people regard it as a medium of exchange and the governments don't
figure out a way to neutralize it, it will survive and
prosper.
The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. You need the Financial Survival Network now more than ever.