RE: Bitcoin To Absorb Entire Legacy Economy

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Bitcoin To Absorb Entire Legacy Economy

in bitcoin •  5 years ago  (edited)

I am not so sure this will happen to the extent which you see it.

But, I do think it will certainly approach that (asymptotically, kinda like the number of BTC remaining to mine). I hope it does though. I just hope it waits long enough for me to get onto the bandwagon.

Unfortunately I was on the bandwagon long before most and got off---sigh :-( Little harder to get back on now that it is getting up to speed :-)

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  ·  5 years ago (edited)

It is a very extreme viewpoint to be sure.
It could easily be interpreted as suspiciously over-bullish.

However, I see it as the only path forward. Central banks have had the monopoly for over 100 years on low innovation and high exploitation. Bitcoin is the only technology that can explode out of this cycle.

The banks can no longer quarantine and lockdown the economy when rampant corruption spirals it out of control. The next spiral will not be reigned in as everything begins to bleed into Bitcoin.