Quote from: pooya87 on Today at 04:33:58 AM

Quote from: zander1983 on December 26, 2022, 04:27:48 PM

I dont see things going back to normal. Debt is growing at 4 times GDP and has been for a few decades. Bitcoin can grow, but not because things go back to normal, rather due to a collapse/recalibration which looks inevitable IMO.

When economy collapses, things eventually go back to normal. Have you forgotten what happened in 2008? Look it up. There was chaos as economy was collapsing (bitcoin was created during that time too) and things went back to normal and most people forgot that their centralized monetary system is seriously flawed and corrupted. Those who didn't forget started adopting bitcoin.

If normal is 1990 to 2020, I dont see us ever going back. I agree with Macron, we are likely at the end of the age of abundance due to climate change, international conflict and continued supply chain issues. Im trying to figure out can Bitcoin survive in the new era of scarcity of everything due to aforementioned issues - which has already begun IMO. It must become a true inflation hedge if it is to.

https://www.connexionfrance.com/article/French-news/Macron-France-is-at-the-end-of-its-age-of-abundance