Quote from: BobK71 on January 18, 2018, 02:55:14 PM

At the center of his conclusion that Bitcoin and cryptocurrencies have no real value proposition is that the top Western currencies have no store-of-value problem.

Fiat has policies which promote store of value which, I believe, crypto currencies could learn from. There are safeguards in place to automatically shut down stock market trading if markets fall too much(something bitcoin might benefit from). Capital gains taxes promote HODL and long term holding strategies in equities markets by rewarding HODL trading over short term daytrading.

Fiat may have a bad reputation in crypto circles but there may be things which could be learned there.

Quote from: BobK71 on January 18, 2018, 02:55:14 PM

All the mainstream commentary we hear, somehow, only reflects what the elites want us to think.

According to what we now have to call mouth-pieces of the elites, somehow, people always chase bubbles, and always get hurt, because they're irrational, and there's nothing anyone can do about it. Central-bank money creation is *never* a driving factor. No, never.

We're living in a lie, and the earlier we wake up to it, the better. What officials and mainstream media and academics tell us must sometimes be dismissed with: it's just politics.

I was thinking about this the other day. How the media is prone towards turning every issue into a popularity contest or some type of juvenile drama.