Armstrong Economics Blog/Armstrong Economics 101
Re-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 is the next evolutionary step forward.
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.