Warren Buffet says buy treasuries, according to CNBC. He says they are the safest place to be. While treasuries in the short term may be better than just sitting in cash, I disagree with Warren Buffet. For one,
Bitcoin, gold, art and other assets with no/minimal counterparty risk are safer. Secondly, what’s the end game with this debt. Who will loan the government dollars when there is none left? They’ll either loan themselves the money (printing, devaluing debt) or you’re just not getting paid back, straight up.
#bitcoin #treasurieswillblowuponeday