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RE: BitCoin: The Best of the Cock Blocks
Very good post! Love hearing stuff like this from people who have worked within the banking industry and politics. It makes me not feel like a whacked out conspiracy theorist. Funny you should mention watching bitcoin... I watched it for at least a year and a half from @ 550 on thinking I should buy. Did I? Well eventually... haha. Loved the post, I wanted to upvote it but I have to learn the voting system on this platform b/c I always seem to run out quick!
Thank you for your comment. You're not a whacked out conspiracy theorist. There are big problems with the fractional reserve monetary system. I think some smaller community banks and credit unions are okay, but they still use fiat. The big banks are not your friend IMO. Wells Fargo is not, anyway. Banks are for checking accounts, maybe rainy day savings. Use banks to pay bills that must be paid in fiat dollars, miscellaneous spending, deposit your paychecks, etc., but certainly look to diversify where you can. BitCoin, crypto, gold, silver, etc... even real estate and reasonable investments (401K, IRA, Roth IRA, etc.). Take ownership of your money and give it a chance to grow, however you can. Stuck in a fed bank, it's losing value and they nickel and dime you.