You are here

Alasdair Macleod: Cryptos may destabilize fiat currency

Section: Daily Dispatches

8:04p ET Thursday, November 9, 2017

Dear Friend of GATA and Gold:

Bitcoin and other cryptocurrencies are a bubble, GoldMoney research director Alasdair Macleod writes today, but potentially the ultimate bubble and they may have a fantastic distance yet to run, potentially cannibalizing government currencies and generating vast price inflation before governments try to strike them down.

Macleod's commentary is headlined "Cryptos May Destabilize Fiat" and it's posted at GoldMoney here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

Join GATA here:

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

To contribute to GATA, please visit: