Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
tvbcof
on 24/03/2015, 03:25:33 UTC

on balance, i think it's too late to make Bitcoin illegal or even put sharp restrictions on it here in the US.  

mainly b/c it's global and their are too many large, legitimate US investors involved already.  think NYSE, NASDAQ, multiple hedge funds, banks, VC funds, and numerous financial luminaries and Wall St folk.  just about the entire Silicon Valley wants it as fintech has been irrationally and unfairly excluded from financial innovation forever.  this is their time.  Wall St has begun to sense the inevitability and are climbing aboard.  there are plenty of overt data points and pending signs.

I'm sure glad that there are so few investors that are doing well with the existing fiat system otherwise they might have an interest in making sure Bitcoin did not threaten them.

'on balance', I'm pretty sure that most of these 'investors' want more than anything to see a system which will empower the plebs and give them the tools needed to break out of debt slavery and exploitation by...um...