Author

Topic: the long term strategy for the bitcoin success (Read 435 times)

legendary
Activity: 3990
Merit: 4597
Current fin system will have difficulty adjusting to [inevitable] rise of interest rates according to Greenspan, Fisher and Lindsey
https://www.youtube.com/watch?v=pfpEHwARhvc
listen from 45:32

Lindsey:
"It always ends this way...Rome, Ming dynasty, Zimbabwe (sic!)"
"the end game is a very unpleasant one"

Wow

Conclusion: We simply need to build bitcoin up and then the old fin system will probably simply wither around it and become nothing, resulting in the new way to do things via bitcoin and related services.
Thus, when bitcoin will be called on in 5,10, 20, 50 or 100 years to provide services to billions, it will be ready.

“If you wait by the river long enough, the bodies of your enemies will float by.” ― Sun Tzu.
Jump to: