Topic: Today is 10/10/18, the rise of the Phoenix according to The Economist (Read 413 times)
December 04, 2018, 01:42:04 AM
And from the looks of it, we maybe are a little early with a few decades. I mean yes, 10 years ago we've already see Crypto currency but honestly we've viewed it more like an investment rather than an actual currency in exchange to goods and services. Besides, we can view it as a currency accepted in every country which is the US dollar.
November 09, 2018, 06:15:09 AM
When I made the threads I still didn't see the news of the big drop on wall street. Bitcoin dropped $400 bucks too, however that's not relevant enough since we've seen these red candles for months.
The most remarkable news got to be the drop on the stock markets, other than that nothing out of the ordinary happened that I can tell. Perhaps we will see the importance of this drop in the long term and the 10th may reveal itself as the start of something big in the future.
On a side note looks like Zerohedge finally fixed their comment section, it used to crash my browser, total crap design on that website.
The most remarkable news got to be the drop on the stock markets, other than that nothing out of the ordinary happened that I can tell. Perhaps we will see the importance of this drop in the long term and the 10th may reveal itself as the start of something big in the future.
On a side note looks like Zerohedge finally fixed their comment section, it used to crash my browser, total crap design on that website.
I don't really like it either, although they will post some pro crypto articles from time-to-time.
Whats hilarious is this comment section on some of the crypto articles though, its literally like 2 huge crypto supporters fighting and debating with 10 pro gold/silver investors, some of them rip so hard on bitcoin its comical.
November 05, 2018, 11:14:48 PM
If the economists back then are thinking of a global single currency then i think they failed on that front. If we're talking about a continent under one currency then that is more likely. If you're actually considering crypto currency as a global currency, then maybe adjust the time line to a few more decades
October 13, 2018, 07:32:59 PM
The Economist closure will certainly be cool if there is a bull run on the Crypto market, but seeing that the market volume does not rise significantly, maybe a large pump is still in preparation, I think it can get Crypto Asset prices when the bear market and get a large pump from this news, and if that fails the pump may occur at the end of 2018 or in 2020
October 13, 2018, 10:58:22 AM
I think that then nobody took it seriously. Just like now
October 13, 2018, 09:28:52 AM
Wow. It's really interesting to find out how many ways we can make the predictions about the future wrong ...
It would be great to keep the articles we write today, and get a laugh, reading them in thirty years ...
Predictions about the future are usually going to always be wrong unless maybe you are just lucky to say something and you end up seeing it coming to pass, but generally no one can place their hands on what will happen in the next minute, let alone tomorrow. I really do not see any possibility in having a one world currency at all looking at the fact that most countries prefer the idea of being independent, and you obviously cannot impose anything on anyone as long as you do not have hold on them. Just like Hydrogen said, judging from Brexit and some other acts all over the world, we will most definitely know it would be hard to be a thing. It would be great to keep the articles we write today, and get a laugh, reading them in thirty years ...
October 13, 2018, 07:55:38 AM
Interesting! I didn't knew that there's one that was published earlier than what I know which was around 1998. There's no significant movement if its for the market but only a dip.
These conspiracies are really interesting if its coming into reality.
Yeah, there was which I got to know on this thread some few weeks back anyway. It is just that with the way things are, bitcoin or will I say Satoshi probably beat them to it. These conspiracies are really interesting if its coming into reality.
It was just a proposal then anyway, it is not like they really had anything plan and all they were probably busy looking at was to have a centralized country that is just controlled by a single body and I wonder how that would have worked actually, considering that most countries are independent and could make their own decisions as they please. Bitcoin however, is gradually filling up that space anyway, being a decentralized currency.
October 12, 2018, 01:58:05 PM
When I made the threads I still didn't see the news of the big drop on wall street. Bitcoin dropped $400 bucks too, however that's not relevant enough since we've seen these red candles for months.
The most remarkable news got to be the drop on the stock markets, other than that nothing out of the ordinary happened that I can tell. Perhaps we will see the importance of this drop in the long term and the 10th may reveal itself as the start of something big in the future.
On a side note looks like Zerohedge finally fixed their comment section, it used to crash my browser, total crap design on that website.
The most remarkable news got to be the drop on the stock markets, other than that nothing out of the ordinary happened that I can tell. Perhaps we will see the importance of this drop in the long term and the 10th may reveal itself as the start of something big in the future.
On a side note looks like Zerohedge finally fixed their comment section, it used to crash my browser, total crap design on that website.
I don't really like it either, although they will post some pro crypto articles from time-to-time.
Whats hilarious is this comment section on some of the crypto articles though, its literally like 2 huge crypto supporters fighting and debating with 10 pro gold/silver investors, some of them rip so hard on bitcoin its comical.
October 12, 2018, 06:37:25 AM
I haven't read about the Phoenix theory/prediction, did it predict that by October 10th, 2018 we'd all be using a universal currency?
Bitcoin can be that currency but we're certainly not all using it. Most of us that own it aren't even using it as a currency, let alone the FACT that most people in this world ignore it and don't even want to own it.
Sorry I'm being negative, but it's the truth. They just don't see the value.....yet.
Bitcoin can be that currency but we're certainly not all using it. Most of us that own it aren't even using it as a currency, let alone the FACT that most people in this world ignore it and don't even want to own it.
Sorry I'm being negative, but it's the truth. They just don't see the value.....yet.
Same here..I'm just hearing this prediction for the first time today. For Bitcoin to be the world unified currency, there certainly needs to be wide spread adoption in various countries of the world. Again, I have serious doubts this is even feasible, there may be a universal currency but maybe not a cryptocurrency.
October 11, 2018, 11:20:05 PM
I haven't read about the Phoenix theory/prediction, did it predict that by October 10th, 2018 we'd all be using a universal currency?
Bitcoin can be that currency but we're certainly not all using it. Most of us that own it aren't even using it as a currency, let alone the FACT that most people in this world ignore it and don't even want to own it.
Sorry I'm being negative, but it's the truth. They just don't see the value.....yet.
Bitcoin can be that currency but we're certainly not all using it. Most of us that own it aren't even using it as a currency, let alone the FACT that most people in this world ignore it and don't even want to own it.
Sorry I'm being negative, but it's the truth. They just don't see the value.....yet.
October 11, 2018, 10:59:10 PM
~ snip ~
I honestly think it is incredible that people are still remembering this. It should have been long gone and forgot already. Can't believe it keeps coming up constantly every year or two. Since today is the day nothing will happen I hope people will start forgetting this and we can move on. There is nothing special about today and nothing will happen today, it is exactly the same as the 2012 year would be end of the world (well I doubt we are living since 2012, it has been all downhill since than tbh) yet no big deal happened in 2012 and we are still living, this will be the exact same scenario.
People will always remember this kind of outlandish prediction. Specially after crypto was born and bitcoin takes it to the next level. And there's also a conspiracy that bitcoin is the "One". LOL. So I don't see people will simply forget about this date and move on. Stock markets around the world did crash yesterday making this theory a hotbed for discussions specially amongst conspiracies.
https://socioecohistory.wordpress.com/2014/07/26/flashback-1988-get-ready-for-a-world-currency-by-2018%E2%80%B3-the-economist-magazine/
Quote
COVER: “GET READY FOR A WORLD CURRENCY”
Title of article: Get Ready for the Phoenix
Source: Economist; 01/9/88, Vol. 306, pp 9-10
THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.
Title of article: Get Ready for the Phoenix
Source: Economist; 01/9/88, Vol. 306, pp 9-10
THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.
October 11, 2018, 10:27:08 PM
When I made the threads I still didn't see the news of the big drop on wall street. Bitcoin dropped $400 bucks too, however that's not relevant enough since we've seen these red candles for months.
The most remarkable news got to be the drop on the stock markets, other than that nothing out of the ordinary happened that I can tell. Perhaps we will see the importance of this drop in the long term and the 10th may reveal itself as the start of something big in the future.
On a side note looks like Zerohedge finally fixed their comment section, it used to crash my browser, total crap design on that website.
The most remarkable news got to be the drop on the stock markets, other than that nothing out of the ordinary happened that I can tell. Perhaps we will see the importance of this drop in the long term and the 10th may reveal itself as the start of something big in the future.
On a side note looks like Zerohedge finally fixed their comment section, it used to crash my browser, total crap design on that website.
October 11, 2018, 12:59:11 PM
Sunflowers always towards the sun will still be immortal. No need to worry and doubt anything if you trust Bitcoin, like a mighty king who has defeated everything, it can overcome other bad things and become stronger.
October 11, 2018, 12:36:03 PM
As the stock markets make record losses since yesterday, post on zero hedge are still "remembering" this magazine:
https://www.zerohedge.com/news/2018-10-11/bmo-expect-more-downside
Check the first comment, people don't forget, this picture and magazine are obviously a hotbed for speculation and conspiracy theory.
Sad thing about it is....bitcoin crashed alongside the world markets.
https://www.zerohedge.com/news/2018-10-11/bmo-expect-more-downside
Check the first comment, people don't forget, this picture and magazine are obviously a hotbed for speculation and conspiracy theory.
Sad thing about it is....bitcoin crashed alongside the world markets.
October 11, 2018, 08:16:20 AM
Did anyone remember that today was the day of the infamous cover of the Economist released in January 1988 predicting a one world currency? Well today is the day:
I haven't been following the news, but I guess nothing relevant happened. Perhaps it marks the start of the bull run? would be cool isn't it. Well for what is worth, the bitcoin all time graph is looking good, it's becoming nice and flat, just like when the bear market in after the MtGox crash ended.
I honestly think it is incredible that people are still remembering this. It should have been long gone and forgot already. Can't believe it keeps coming up constantly every year or two. Since today is the day nothing will happen I hope people will start forgetting this and we can move on. I haven't been following the news, but I guess nothing relevant happened. Perhaps it marks the start of the bull run? would be cool isn't it. Well for what is worth, the bitcoin all time graph is looking good, it's becoming nice and flat, just like when the bear market in after the MtGox crash ended.
There is nothing special about today and nothing will happen today, it is exactly the same as the 2012 year would be end of the world (well I doubt we are living since 2012, it has been all downhill since than tbh) yet no big deal happened in 2012 and we are still living, this will be the exact same scenario.
October 11, 2018, 04:50:11 AM
Interesting! I didn't knew that there's one that was published earlier than what I know which was around 1998. There's no significant movement if its for the market but only a dip.
These conspiracies are really interesting if its coming into reality.
These conspiracies are really interesting if its coming into reality.
October 11, 2018, 04:25:56 AM
It might help to remember. Centralized abstracts such as *one world currencies* serve primarily as control mechanisms based on the observation that it is much easier for central bankers to control a single currency than it would be for them to try to control thousands of different currencies utilized by nations of the world.
The same precedent applies to one world governments. It is much easier to lobby, influence or bribe a single body of politicians in control over the entire world than to attempt the same thing with a different body of politics for every nation on earth.
The implications are myriad. Many different motivations and externalities can be extrapolated from conditions mentioned.
The same precedent applies to one world governments. It is much easier to lobby, influence or bribe a single body of politicians in control over the entire world than to attempt the same thing with a different body of politics for every nation on earth.
The implications are myriad. Many different motivations and externalities can be extrapolated from conditions mentioned.
October 10, 2018, 06:58:32 PM
It could still happen in the future, but obviously nothing has happened on this day.
I wonder if their vision was some form of world central bank or government issuing this Phoenix, or if it was something decentralized and p2p like bitcoin. If it was the latter, then I'd argue that we've already seen enough adoption globally to call BTC a truly global currency both theoretically, as well as practically.
But if the former, it'll be hard to see national fiat currencies going away any time soon and the formation of a global currency like this would obviously require an authority to enforce its value, which is still a far fetched idea for now.
I wonder if their vision was some form of world central bank or government issuing this Phoenix, or if it was something decentralized and p2p like bitcoin. If it was the latter, then I'd argue that we've already seen enough adoption globally to call BTC a truly global currency both theoretically, as well as practically.
But if the former, it'll be hard to see national fiat currencies going away any time soon and the formation of a global currency like this would obviously require an authority to enforce its value, which is still a far fetched idea for now.
October 10, 2018, 12:52:21 PM
It is not to say if this event happened that it would be immediately evident that it was the rise of the Phoenix. 
Take
Bitcoin for instance, Satoshi unleashed the Bitcoin software and nobody even noticed it. ( It did not make global headlines, but
it changed the world much later. ) We might only see what this was, when this event change the world. I just hope that it will
be something related to Bitcoin.
TakeBitcoin for instance, Satoshi unleashed the Bitcoin software and nobody even noticed it. ( It did not make global headlines, but
it changed the world much later. ) We might only see what this was, when this event change the world. I just hope that it will
be something related to Bitcoin.
October 10, 2018, 11:35:55 AM
Well, the goal - or, better, the utopia - of a single currency has existed since the days of the ancient empires: in fact, the theoretical goal of every empire was the end of the wars and the gathering of all the men in only one nation.
Needless to say, it has NEVER worked ...
Needless to say, it has NEVER worked ...
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