October 2, 2017 | Cryptocurrencies

QUESTION: Marty, do you think any crypto currency will survive?
ANSWER: No. We are looking at central banks and even the Chinese government is moving to create a Cryptocurrencies. There is no question that we will be looking at this as the next evolutionary step forward in the monetary system.
However, what I have been warning about is the public v private issue. Governments are hunting money everywhere. There is just NO POSSIBLE WAY they will allow private Cryptocurrencies to circumvent their control and taxation.
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Martin Armstrong October 2nd, 2017
Posted In: Armstrong Economics
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