Quote from: jekjekman on November 24, 2017, 05:33:48 PM

This is an interesting topic ever since I involved with Bitcoin, the things that we can only do for this kind of things are to speculate as there will be no concrete prediction that will happen when the great recession comes but Bitcoin is different with visa or mastercard's e-money even though we can consider them to be a digital money because of so many things like decentralization and the owners of this credit cards will be so much in pain when that time comes.

I just searched that Japan is one of the highest debt as a proportion of GDP and they are top 3 as of now but we all know that their government embraces Bitcoin as they can see the potential of it and it is alive and well for their citizens to use so I am thinking what will happen to them if the great recession comes then suddenly the price of Bitcoin will increase. So let's just wait.

So do you think that all institutions that require centralised power and oppressive use of force to function will go down with out a fight and just embrace it, therefore becoming broke?