Blog/Armstrong Economics 101
Posted Oct 2, 2017 by Martin Armstrong
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.