Post
Topic
Board Altcoin Discussion
Re: The bottom will drop out of the alt market soon
by
r0ach
on 15/05/2016, 10:41:01 UTC
It's pretty evident from the establishment embracing Bitcoin and things like this CME news, that TPTB will use Bitcoin as a golden parachute to escape the death trap fiat system they created.  They know it's extremely hard to do business using gold, and you would need to implode civilization back to the dark ages to make gold work again, so Bitcoin is their go to play to keep the wheels turning at an above caveman level.

Ever since humans stopped being hunter gatherers and settled land, it created abundance.  That's when the predator class arose to skim the abundance.  It's in TPTB' best interests to keep a high level of civilization running in order to skim it instead of having civilization implode back to ancient Babylon.  That would likely just implode their own standard of living as well once the caviar supply lines run out.

Yes, they create catastrophes to benefit from them, but I don't think they want ones so big that they become completely unpredictable and threaten their own power structure.  They always have some type of golden parachutes in mind, and Bitcoin is seemingly the only viable thing around for digital transactions in the coming great reset.  The world supply lines are very intertwined, and if you cannot do digital transactions on an international level because nobody trusts any of the currencies, then you immediately go back to the 1800's.  Do TPTB want to live in the 1800's?  Probably not.  They have to devise something to keep the wheels of the world turning.