John Rubino–When Bitcoin is Outlawed, Only Outlaws will have Bitcoin
Financial Survival Network, Released on 11/27/17
John Rubino is watching the stock buyback frenzy being replaced by retail investors joining the fray. Does that mean that a top is getting close? Makes one wonder. He’s thinking that the large economies will do their best to outlaw crypto-currencies that are not directly under their control. Imagine a crime, possession with intent to distribute bitcoin. Seems far-fetched, but then people smoking marijuana in the early 1900’s never saw prohibition coming either.
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980’s on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990’s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.