Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 02/02/2016, 02:26:31 UTC

Lagarde raising her hand thinking that cash will no longer exist in 10 years time:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=1822

There's rather a large gulf between what the back room economic egg heads want, and what your average personage on the street will put up with. Debase and inflate by all means, that's something that rarely crosses the average mind, but removing cash is going to make a few people think.

It seems to be well on its way in Scandinavia. I'm not so sure other parts of the world are so keen to succumb to total slavery.

There's no doubt that governments are on a mission to end cash.

The people won't put up with it though. Not just Bicoin but private currencies will rise to fill the gap. Think cigarettes in prison (which is effectively where we'll be) or people exchanging laundry detergent.