I am not buying into the collapse of the world economy. I keep telling those who beat their chests about silver and gold, “You are not thinking about what the rest of the world will look like if your silver is worth $100 an ounce!”
I am really more interested in the technology and how it impacts the banking networks or those in areas not serviced by banks.
Right now in the third world money transfers are not practical and very expensive. I am looking at it as there are perhaps a billion potential “little” customers.
Yes, I am unfortunately someone who tends to miss out of clever technological advances. I advised a colleague not to buy Amazon in 1997 because it was too expensive. Dumb. The technology of blockchain is something people have tried to explain to me, they are well convinced that it is a work of genius. But I am hard pressed to invest in things I don’t really understand based on other peoples’ assurances, because I still have no one to blame if things go wrong but myself. It probably is genius and I will miss out on it. But I have other things going well, so life goes on.