Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
iCEBREAKER
on 27/05/2015, 05:21:31 UTC
we would end up with an Austrian fork and a Keynesian fork dueling it out

Aptly put.

Perhaps the (roughly) two camps could agree to a 'velvet divorce' enforced with some social agreement and crypto-magic.

Gavin's Keynesian fork, with its inflated transaction supply, can continue its futile quest to mimic Visa, Mastercard, dollar bills, and pennies until the UXTO buffer pukes blood.

Satoshi's Austrian fork can continue to represent a new store of value and settlement system, guaranteeing for the first time in history every human the opportunity to be their own bank.

If the civil war goes hot and messy, chances are we will all lose unless the BloatCoin drama is ultimately in the service of antifragility.