Quote from: arieq on January 03, 2015, 02:27:30 AM

Quote from: chennan on October 16, 2014, 12:05:07 PM

China becomes the second largest economy following by the USA in terms of GDP. The increasing number of trades are conducted with yuan. The USA is falling in the steep hole of debt and will lag behind China or other countries no more than 10 years (personal opinion, no offence). Whether bitcoin will play the role of currency will depend on the policy of China and the USA.

The Growth of the GDP is meaningless these days, it' a vestigial indicator, all the grow of the GDP goes to the 1% so it measures almost nothing.

The growth of GDP is made by going into a lot of debt that will need to be repaid or destroyed by inflation.