It's sad to see.
I provide you with facts, but you are blind.
I made a million dollar on bitcoins, and I've sold it all.
I've been trading the stock market since 2005, I know my shit.
You guys are blinded by the money you made so far. You will sit during the crash and won't make a dollar in the end.
Jesus. Forgot how retarded people are until I wrote this thread.
well, first off, your original post literally describes fiat money, but in terms of banking credit. Any bank can create that credit, so, its worthless. no?
I also see your problem. You're an economist, not a software engineer. Out of your element. Stick to the banking sector, and leave the tech sector to the people who run it.