Quote from: Shenzou on May 30, 2018, 10:44:45 PM

Quote from: countryfree on April 18, 2018, 04:00:49 PM

https://www.bloomberg.com/news/articles/2018-04-18/world-debt-hits-record-164-trillion-as-crisis-hangover-lingers

$164 trillion! That is an awfully big pile of money, but governments think it's not big enough. They keep on borrowing more every year. If there's no crash, it will be a miracle.

Pray God.
Or buy BTC!
Grin

It is good for bitcoin, but i think that at this point people don't care about this whole thing, i mean government could do whatever they want, just thinking about how we went from money backed by gold into just using just paper that has value because they said so, and because they have the power to do that, and it is what bitcoin faces right now, and that is governments have the power to ban it and potentially bring it down.

It is true that many people do not care about what the government do but at some point to actions of the governments have consequence that can be felt in the economy, just look at the example of Venezuela and when that happens people will begin to care about the actions of the government but by that time it will be too late and the damage to the economy will take decades to be undone.