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DaVinci Jeremie bought Bitcoin for under $1, this is why he thinks it hedges against government overreach

From kitco.com

{video}In March of 2011 DaVinci Jeremie, host of Davincij15 on YouTube, bought a Bitcoin for 67 cents. Now, more than a decade later, with Bitcoin trading around $16,500, Jeremie said he continues to hold his Bitcoin, since it is a “system of money that governments can’t stop.” “[With Bitcoin], you can transfer wealth to anyone around the world instantly without a third party,” he said. “This is mind-boggling technology.” These qualities of Bitcoin will become particularly apparent when governments start to roll out central bank digital currencies, according to Jeremie. “I think governments will create their own ... (full story)

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  • Category: Fundamental Analysis