Re: Is Bitcoin the future of the global economy or just another commodity like Gold?
So lately I've been thinking about the global financial economy and the way it works. 
During my BA, I had a course with a professor that played a very high role in the central bank of Israel.
I asked him "Is the bank preferring for the day after the economy will collapse?" the answer he gave me was not clear. I saw him struggling to answer that.
But when I examine Bitcoin and other crypto coins, I see it not as a replacement of money, but just as a replacement of the central bank money printing. Because eventually, we'll all look for a place to keep our money safe (a bank) and someone to give us a loan on occasion.
So my question is, is it really the future of the economy? or just the "new gold"?
During my BA, I had a course with a professor that played a very high role in the central bank of Israel.
I asked him "Is the bank preferring for the day after the economy will collapse?" the answer he gave me was not clear. I saw him struggling to answer that.
But when I examine Bitcoin and other crypto coins, I see it not as a replacement of money, but just as a replacement of the central bank money printing. Because eventually, we'll all look for a place to keep our money safe (a bank) and someone to give us a loan on occasion.
So my question is, is it really the future of the economy? or just the "new gold"?
"Future of Economy" is too heavy for bitcoin to carry. It doesn't have the power to carry such title and it is absolutely not possible for bitcoin to become the future of economy. Bitcoin simply can't be scaled to that level.
It is great if you see it as an asset/commodity only. It makes it easier for bitcoin to carry and makes sense too!