Post
Topic
Board Economics
Re: China and the US a la Munger: "Bitcoin is rat poison!"
by
azedee
on 22/12/2013, 09:30:13 UTC
Bitcoin has become a religion of the repressed masses. It is kinda similar to Christianity. There are the bad guys, there are the poor guys, and there is the promise of a better land. It is a cure for the predatory disease of capitalism that hunts the working class. At least that's how it is being sold to the masses. It's doomed to not fail. It is an idea, something that exist in the mind, and thus it is without any tangible properties that would make it fail. There is plenty of $$$ one can make from this dream, so I recommend you to jump in while you can.