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Topic: The big RESET - will bitcoin be ready ? - page 2. (Read 3160 times)

legendary
Activity: 2198
Merit: 1311
June 01, 2012, 08:15:20 AM
#6
People have been predicting this kind of thing for a long time.  Society will route around problems.  Things might get turbulent, but it's unlikely to get anywhere nears as bad as "the end of finance" or "the end of the world".  IOW, chill the fuck out.
hero member
Activity: 531
Merit: 501
June 01, 2012, 07:53:10 AM
#5
Yes Bitcoin is prepared. However I don't think the exchanges are prepared since any kind of capital controls will severely restrict their operations. As a community I think we should be doing more to encourage person to person exchanges.
legendary
Activity: 1078
Merit: 1003
June 01, 2012, 05:43:40 AM
#4
This is a thought provoking presentation by Raoul Pal, a hedge fund manager, about the current state of the world economy and banking system:

http://www.scribd.com/doc/95493792/The-End-Game

I just hope Bitcoin will be ready to serve the masses if/when it happens.

I'm just getting ready to read all of this, I'm delighted to see people in this community follow the correct stuff.

EDIT: Gah I thought this was a more comprehensive read, I didn't really learn anything new, oh well.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 01, 2012, 04:43:07 AM
#3
Bitcoin can be part of the solution, but the free-flow of information is the key to progress. I fear the backlash of oligopolists who would rather burn our civilization and industries rather than redistribute wealth. Data and networks must be preserved.
hero member
Activity: 868
Merit: 1000
June 01, 2012, 04:26:05 AM
#2
Yes it will.
 Bitcoin is what comes next the big reset Smiley
legendary
Activity: 1708
Merit: 1066
June 01, 2012, 03:43:05 AM
#1
This is a thought provoking presentation by Raoul Pal, a hedge fund manager, about the current state of the world economy and banking system:

http://www.scribd.com/doc/95493792/The-End-Game

I just hope Bitcoin will be ready to serve the masses if/when it happens.
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