For those unfamiliar with citadels, this anti bitcoin "time traveler" incorrectly predicted everything ever and completely, with no understanding of economics:
https://old.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/In order to follow his advice, let's review what a citadel is:
What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar, services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.
In this post-apocalyptic landscape, the bitcoin rich live in isolated gated places, much like the exceptionally rich have already done for a while :
https://www.youtube.com/watch?v=ADIDhJSlw2sConsidering that bitcoin is now between 30 and 100k US dollars, much higher than 1,000 bitcoin/dollar that the time traveler warned about, it's probably best to prepare for that future that is already upon us for many years now.
Of course, global economies and major nations that don't talk would hresult in bitcoin forks, but ignoring that, in the time traveler future, bitcoin remains global. ASICMiner owns among the most bitcoin, and not Michael Saylor, nor this poor chap who lost his electrum wallet in 2010 after mining with an i7-5810 processor (which software and processor came out years later; time traveler??) for one of the largest dormant addresses:
https://bitcointalksearch.org/topic/m.57417586Will you escape to space in the billionaires space race? I am actually looking forward to the colonization of Mars, although Venus should come first in the form of cloud cities that can protect from solar radiation.
Will your citadel be socialist, libertarian, or some mix? I mean, if economic growth is going to be negative 2% per annum, your going to have to provide for yourself somehow by buying goods and services from the people in your citadel.
What would you have in your citadel? What policies? What equipment?
Me? Oh, I'd probably buy a high end PC for doing AI work, buy everyone a home, give everyone meaningful labor that wanted it, buy a kick ass ice cream machine (Spaceman or Saniserv), figure out how to develop new block chain technologies that get around the issues of current methods. People who promoted shit coin scams wouldn't be allowed, unless they agreed to mine more bitcoin by hand.
For anyone who doubts that this was a legitimate time traveler, I submit that he was able to edit his post in Oktobor 2019, long after the post was locked from all editing. Would a normal person be able to do that???
So, get your butts in gear and let's figure out what you have to do or get now to live comfortably within your citadel, because I don't see anyone with a citadel yet.
Slackers.