Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
FractalUniverse
on 02/06/2018, 19:51:02 UTC
it's a money thing..those that have and those that do not...money and power concentrate...at least in uncontrolled 'crony capitalism' of the

18th century and standard oil and the Rockefellers etc....seems it is doing so quite rapidly again this decade as well...there will be backlash IMHO,

as it has 'swung' too far ..but we will see...

.. and if/when the big reset comes, there will be golden era for bitcoin and cryptos in general..

all it takes is one or few bit developed countries slowly moving towards gigantic wealth redistribution.
I cant imagine governments doing it without massive tax on rich or outright nationalization of private property and companies. + hyperinflation to cancel debts. (like Venezuela today, with some 50% weekly inflation) There were many examples in the past and its sure it will be repeated again and again.