Post
Topic
Board Bitcoin Discussion
Re: What if the US creates a competing currency?
by
imanikin
on 06/06/2011, 21:19:54 UTC
The subject and the initial post are so full of the innate American arrogance, egotism and self-centeredness, that it looks like Astroturf to me.  Cheesy As in previous such threads, the premise seems to be that if the US bans, doesn't completely accept something, or competes against it, it's doomed to failure and obscurity...

So, i'll just restate the reality of this century, rather than the last one:

The US population is 4% of the world population.
It makes ~27% of the world GDP, last i looked.
It's broke and in debt for the foreseeable future. The numbers are staggering!
Even its own government commissions predict that it will face a fiscal and currency collapse within this decade, if not 2-5 years.
Its government isn't ready to do anything except bicker about it.

Yet, even in this forum, the arrogant, pathological, astroturfy American FUD continues to flow, regarding how anything Americans or the US government doesn't embrace is DOA...   Cheesy Maybe it's just a ploy to push the B price down a little to load up...  Wink