Bix Weir comments on cryptocurrencies and silver

By Goldseek Radio / January 04, 2018 / marketsanity.com / Article Link

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Bix Weir of RoadtoRoot-A returns with comments on cryptocurrencies and silver.Max Keiser of the Keiser Report on RT expects a global Central Bank to break ranks this year and plow billions in depreciating fiat money into Bitcoin and related Altcoins.Gold could soon be retro-Bitcoin, as young investors use a mere Bitcoin dime to procure over one ounce of the yellow metal, similar to the vinyl LP record, hobby.The mythical Satoshi Nakamoto resolved two of the greatest issues in computational / economic epistemology, by solving the transaction trust issue algorithmically.The 500 hundred year old need for 3rd party accounting, i.e., banks / financial institutions has ended, essentially relegating traditional banking to history.No longer must any transaction rely on potentially usurious institutions to verify / secure an arrangement, such as banking, trading, insurance, real estate, PMs.Instead, peer-to-peer activities facilitate any conceivable value metric, theoretically migrating assets to the blockchain environment.One less anticipated benefit of blockchain transparency, PMs manipulation will soon come to a screeching halt, as exchanges will be forced to reveal the excessive naked-short positions.Once the extent of the obfuscation is exposed, an eruption is anticipated in all commodities, particularly in the silver market, which could reach parity with the price of gold.Reggie Middleton is an American entrepreneur and the founder of Veritaseum, his operations include increasing financial market transparency.Decentralization makes every global inhabitant anonymous.EtherDelta facilitates the Nano S wallet and a laptop or iPhone / Android, most tokens can be bought or sold, anonymously and without a centralized exchange, via peer-to-peer.Once the transaction is recorded on the Ethereum blockchain, the USB Nano S device can be removed and placed in a safe location, making the holder a bank, market maker, financial exchange market, brokerage and virtually an anonymous investor.

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Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to pull the curtain away from the Cabal of International Bankers that has taken control of our free market system.

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