Bank of England: Bitcoin could become "worthless."

Bitcoiner: British Pound could become worthless December 14, 2021 [UNSUBSCRIBE]( | [WEBSITE]( [Altucher Confidential] “What exactly does the future of money look like? How will it change our lives? And how can we position ourselves to reap the largest rewards in the coming weeks, months, and years?” [HERO IMAGE] Bank of England: Bitcoin could become "worthless." By Chris Campbell Don’t Buy Any Crypto Until You Read This New Book! [Read more here...]( Do not… I repeat… [Do NOT buy a single cryptocurrency until you read this new book.]( This could be the biggest opportunity of your life, but only if you act now. [Click here to see how to claim a copy of The Big Book of Crypto.]( You might’ve heard. The Bank of England just issued a statement warning Bitcoin could become worthless. Investors, says the bank, should prepare to lose everything. (Perhaps those at the BOE have already snagged a pre-release copy of our Big Book of Crypto. Inside, we talk about the golden rule of crypto: Never invest more than you can afford to lose. But, unlike the Bank of England, we add a crucial caveat: The same rule applies to fiat!). Meanwhile, a bitcoiner just issued a statement warning central bank fiat currencies -- such as the pound sterling -- could become worthless. He also made a compelling argument. Set against bitcoin, here’s what the pound looks like. (Shrug.) [IMG 1] Of course, the pound’s dismal slink downward isn’t breaking news. In 2011, before most had heard of bitcoin, the pound sterling had already devalued 99.5% since its founding. (The US dollar has lost 96%+ since its creation in 1913.) But credit where it’s due: the pound must be one of the most successful fiat currencies in history. The average life expectancy for a fiat currency is 27 years. The pound sterling was created in 1694… making it a puckered 317. Alas, consider its current trajectory: Before the dollar, as you know, the pound was the global reserve currency. Being a global reserve currency allows you to print money and “export” your inflation to other countries. So the UK printed pounds upon pounds to finance world war debts. And it took barely more than 10 years for the pound to go from the global reserve currency to a second-class credit. The dollar, of course, is on track to meet the same fate. Gradually, we suspect, and then all of a sudden. Neither currencies are paragons of future money. [Urgent for January 12th 2021] The Biggest Market Crash of the last 92 Years? [Click here for more...]( 12th could mark the beginning of the biggest market crash of the last 92 years… Bigger than 2008, 1987, or even 1929. And according to one ex-government insider it all has to do with a number the Biden administration is lying about. Once this number hits the mainstream news it’s game over for America. [Click here now for the details.]( So. The question is begged: What Comes Next? What exactly does the future of money look like? How will it change our lives? And how can we position ourselves to reap the largest rewards in the coming weeks, months, and years? All good questions. And it’s exactly what James Altucher and George Gilder are going to be talking about tomorrow… LIVE from James’ home. It’s all part of our virtual Emergency Crypto Briefing. And it’s all happening tomorrow at 2 p.m. EST. As you may know… Both James and George have some fairly controversial ideas about the future of money. And they both have a solid track record of being pretty spot on, too. So you’re not going to want to miss this live event. And as a valued Altucher Confidential reader, you’re invited to attend… absolutely FREE. If you haven’t already, [click here to sign up and submit your question]( for the Q&A portion. Be on the lookout for an email from us with your special link tomorrow. Until then, [Chris Campbell] Chris Campbell For Altucher Confidential [Click here for more...]( Subsribe To My Podcast [The James Altucher Show]( [The James Altucher Website]( [Subscribe With YouTube]( [Subscribe On Messenger]( [Subscribe With iTunes]( [Connected on LinkedIn]( Add AltucherConfidential@email.threefounderspublishing.com to your address book: [Whitelist Us]( Join the conversation! Follow me on social media: [Facebook Group]( [Facebook]( [Twitter]( [Pinterest]( [Instagram]( [Three founders Publishing]( To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here](. If you are having trouble receiving your Altucher Confidential subscription, you can ensure its arrival in your mailbox by [whitelisting Altucher Confidential](. Altucher Confidential is committed to protecting and respecting your privacy. 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