Quote from: TPTB_need_war on January 18, 2016, 05:47:02 PM

Quote from: rdnkjdi on January 17, 2016, 10:05:32 PM

I do think there may be some intermediate solutions on a programmable blockchain with projects like Augur (Intrade on the blockchain), decentralized exchange

See my critique which says those technologies can't work:

https://bitcointalk.org/index.php?topic=1319681.msg13576188#msg13576188
https://bitcointalk.org/index.php?topic=1319681.msg13580146#msg13580146
https://bitcointalk.org/index.php?topic=1319681.msg13569559#msg13569559

Quote from: rdnkjdi on January 17, 2016, 10:05:32 PM

...at some point force free capital somewhere.

Cryptocurrency is my hedge/bet on this. Of the solutions that exist - what do you recommend? Nothing?

Here is what I am doing... (albeit I have only about $20,000 at the moment and it isn't even my money...I have roughly $0 networth...yikes Shocked

)

US Dollar until gold makes it's low March 2016 (or thereabouts and < $1000 perhaps < $850), then buy physical gold coins (not bullion!) or an ETF proxy short-term while retaining some US dollars (until as late as early 2017 before capital controls will be pervasive) and wait for the cryptocurrency arena to become more clear. There is appears to be great risk of a major implosion of crypto land.

Trade gold or dollars for crypto as the situation becomes more clear.

Of course no problem with speculation with 1% of net worth (maybe 5% total max for speculative longshots) in promising technological ventures, but don't go all-in on anything which doesn't have the momentum and clarity that Bitcoin had in late 2012 and early 2013. And don't ever buy so much of a speculative longshot, that you lose your objectivity such as what IMO has happened to some of the hardcore Monero/Aeon investors (which would force one to go around thumping their chest instead of listening and continually readjusting based on available data).

Note I probably won't buy gold because I don't have enough capital to make it worth while, can't obtain the coins in Philippines, and I don't want to re-enter a brokerage again to buy an ETF. So it will be all US dollars for me.