Hueristic
Legendary
*
Offline Offline

Activity: 2030
Merit: 1212


Doomed to see the future and unable to prevent it


View Profile Personal Message (Offline)

Ignore
March 31, 2019, 05:41:09 PM

There's a cataclysm coming to mankind and it is provably anthropogenic.

Released into the wild ten short years ago, Bitcoin will obliterate today's failing governing systems of liberal democracy, central banking and nation-statism. There being no way of 'stopping' Bitcoin, pure capitalism and individual sovereignty will soon enough reign over the Earth.

However, financial, and therefore manufacturing and logistics systems will break down completely unless the powers that be hand over to the Bitcoin Hodlers unreservedly.


imho cultural pessimism is a historical constant. there always were times when everyone was expecting the world to end. they were always wrong and somewhat sometimes a bit right. let´s take the Fin de Siècle guys around 1900 as an example. that was pure cultural pessimism, they expected the end. they were wrong. but the following WW1 and WW2 were apocalyptic. and it was the liberal democracies that "saved" the western civilization. it was the nationalists and extremists that almost brought it to an end.

It could be true that a failing global financial system could boost bitcoin. if it creates a crisis as serious as the one during the beginning of the 20th century I am not sure if a risky asset like bitcoin will get attention of panic struck financial elite. If no big crisis will happen the chances of bitcoin to become adopted by the masses are equally high or even higher.


edit: following

Yes, but they are always going to be wrong until they are not and then there will never be anyone left to say they were right. Cheesy

But I agree with you. Wink