The Time of Crisis as the Moment of Truth

We are at a turning point in history. The coming months will show how institutional investors will react in the medium term to the countless rescue packages in the wake of the coronavirus crisis. One thing is certain: States and central banks have been hard-pressed for solutions. Moreover, it looks like their efforts have been exhausted already at the start. Should investors end up losing faith in the measures taken, the consequences would be far more dramatic than a short-term stock market crash.

No one can foresee today what our future monetary system will look like, but the history of money has been marked sometimes by radical system changes. Today’s historical interventions in the free market are unparalleled, especially given their magnitude, and will no doubt in hindsight be seen as the beginning of the end of our current monetary system with its fiat currencies “made out of nothing.”

Is Bitcoin (BTC) “digital gold” and a “safe haven” currency? Yes, now more than…