After a pullback, cryptocurrencies are rising again. Jeff Berwick from The Dollar Vigilante joins Silver Doctors to discuss the recent price action. Are any cryptocurrencies in a bubble? Some cryptocurrencies could be approaching “bubble territory,” but not Bitcoin Berwick says.
Berwick predicts cryptocurrencies could replace central banks. Almost all governments are bankrupt and depend on central banks for funding, he explains. Cryptocurrencies are therefore not only a threat to central banks, but also governments themselves.
Does Bitcoin have intrinsic value like gold and silver do? Stay tuned to find out why Berwick believes Bitcoin does have intrinsic value…
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