Quote from: Brian Goldman on February 18, 2018, 07:13:27 AM

Wow - I think I could write forever on this topic. Dont crush my thoughts - they are a little crazy at first glanceSo let me start by saying I think the world debt is out of control and that the world is in a constant financial war. For the U.S. alone I have been watching the following site http://www.usdebtclock.org/2 (this is very scary if you really analyze these numbers, look at the money creation section). My current thoughts, and they change often, are the following (for U.S. only):

Debt is out of control especially when interest is applied and compared to wage growth
Dollars are not backed by gold, silver, etcbut are backed by U.S. GDP (to some degree)
The next bail-out will be in the form of hyper-inflation across all segments - thereby reducing overall debt value for every U.S. dollar debt holder
This might trigger WWIII - due to all the U.S. debt held by other countriesi.e. China
In the time of the next big war - I think people will flock to BTC as a safe haven, much like gold and silver, etc

The best part about this is that no Gov can track or steal your BTC if stored correctly (at least I hope)

But my question is, if WWIII happens, how can BTC or any cryptocurrency maintain its high value? As I understand it, btc price is based on trade: supply and demand. I don't think it's going to be an effective safe haven to store people's wealth.