Quote from: YouAreABetaProvider on October 30, 2014, 03:35:52 PM

Quote from: Robert Paulson on October 29, 2014, 10:57:43 PM

anyone who thinks bitcoin has already hit its full potential is delusional.
the market for bitcoin is the entire world, how many people have them? almost none.
anyone who is lucky enough to understand bitcoin today and be in a position to buy it is going to be extremely rich in 20 years.

the current paper money regime is not going to last for much longer, its been collapsing for the past 14 years and is now on life support in the form of permanent zero interest rates.
the only alternatives are precious metals and bitcoin.
i'd like to see you buy something on ebay with gold, bitcoin is the only option for honest money in the modern world.

Sure, paper money will crash, but it may take as long as 2075. Historically, systems as we know it, last for 200 years. The dollar and fiat money could go on for another 50-60 years easily as it crashes. We will not wake up tomorrow and say wow, worldwide money has replaced dollar. It will be extremely casual. Thats why Bitcoin as I see it is just a test for the true worldwide currency that will come in the future. Bitcoin as it is now is too monopolised, so its like 1% vs 99% again.

200 years? you have got to be kidding, the dollar in its current paper backed by nothing form doesn't have more than 20 years, and im pretty sure im giving it way more time than it'll have in reality.
all the central banks are at zero interest rate, they fired all their guns, that is it end of the road.
when another wave of market crashes occurs the only way out is by dropping money out of helicopters and completely destroying the dollar in the process.

before the Soviet Union collapsed no one could believe it will ever happen in their lifetime, and yet one day it practically happened overnight, you will not believe how fast the world transforms once the panic sets in.