No. of Recommendations: 1
Subject: Re: o/t, debtors and creditors,
SYKESIX
I just want to comment that it's a pleasure to recommend your posts on Bitcoin.
Well thought out, easy to understand, make sense. Educates those of us less well informed.
Tex
They are the same arguments that have been made while BTC has gone from $1 to $60,000. If a coin tossed comes up heads 15 times in a row, you can account for it by randomness ... but it's better to check the coin.
The world can go on for years, decades or centuries with little change. Now is not one of those times. The financial system (money) is just another technology. Our current system has many flaws. People (the market) will find better alternatives. Ask yourself one question: Will the world be satisfied using the USD as the dominant medium of exchange if we continue to debase it and better, faster cheaper alternatives become available?
Like I said in an earlier post, I think our future is very bright, just not the Dollar's.