Post
Topic
Board Speculation
Re: view: bitcoin has hit its full potential
by
Robert Paulson
on 25/09/2014, 21:13:26 UTC
people are currently living in a pipe dream that paper money can work, despite the fact it never did, that's a 100% failure rate.
the world is going to have a new monetary system in this decade as the printed money malinvestments pile up to unsustainable levels.

there are only two viable options, either go back to precious metals or use bitcoin.
there is no sense using gold where you have to trust someone to hold it for you.

with bitcoin for the first time in 550 years YOU are the bank, each and every one of us is actually a walking bank.

people look at bitcoin as if its a clone of paypal without realizing the historic paradigm change that it causes in the banking industry.