Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
r0ach
on 26/04/2016, 04:42:58 UTC
...
Which system are you going to use for global bank settlement transfers on the day SWIFT can longer be trusted?

-Mr. President, our financial system is lying in smoldering ruins, the streets run red with the blood of Fortune 500 execs, WHAT DO WE DO?!!
-Calm down, Janet! We're prepared for such contingencies. Quick, log into your eBay account! Time for  Plan B: BTCeanie BTCabies!! And also Ethers!
Ethers will be the silver to BTCeanie BTCaby gold!

Due to the fact that there's no Bitcoin "bank holidays", and it's immune to cascading default, deflationary collapse, unlike fractional reserve fiat is, it would likely play out more like this: