Quote from: Rassah on January 01, 2015, 06:38:53 AM

Quote from: botany on January 01, 2015, 06:30:20 AM

Quote from: Bagatell on December 30, 2014, 10:19:44 AM

Quote from: mikeh2 on December 28, 2014, 04:43:51 AM

nobody ever said bitcoin will replace fiat, what are you smoking

"Bitcoin will be adopted as the global currency."

The Bitcoin Central Banks Perfect Monetary Policy

A lot of very powerful people won't be too happy if that happens.
They will do everything in their power to stop it.

Or they will move their assets into bitcoin, and be powerful bitcoiners.

People who get their power from setting monetary policy, running large fiscal deficits which are tackled by depreciating the currency, etc wont benefit even if they move their assets into bitcoin. Bitcoin will remove their power and we will have a true, free market economy.