Post
Topic
Board Speculation
Re: Price forecast Bitcoin
by
Beliathon
on 20/08/2014, 22:23:23 UTC
The hen wakes up in the morning. Sees the sun and expects it to be like this every day. For a while it is. Hen wakes up, sees sun, goes to sleep in the evening. One morning however the hen wakes up, sees the sun and the farmer shops its head off.
"It has been like this" is not an argument for the future.
I love this analogy, it's perfect. The farmer is the nation-state, and the hen represents any threat to the nation's sovereignty and/or monopoly over money creation.

Bitcoin is one such threat. If the farmer (nation) could chop off Bitcoin's head, he would. The Chinese farmer already tried. So did the Russian farmer.

Now the New York farmer (Lawsky) is trying to cut off the hen's head, and he will fail too. Because there's just one small problem with your analogy, friend.

Bitcoin is not a hen. It's a Hydra.



And in this myth, the Hydra eats all the farmers.