Quote from: Wind_FURY on October 09, 2018, 07:59:56 AM

Haha.

https://twitter.com/francispouliot_/status/1049313082344988673?s=21

Quote

"Buying Bitcoin is about exiting fiat. It's a bet on the future collapse of fiat money financial system. Bitcoin is the only viable alternative. It's vastly superior as censorship-resistant medium of exchage, store of value, network effect, unit of account than all competitors."

He is taking it to the extreme. Why does Bitcoin need to be a "bet" on the future collapse if the established financial system? Does he want it to collapse? Does he believe that it will not encourage instability, disorder, and chaos? What about the other 99.9% of the population who are not Bitcoiners?

I think he is extreme believer of crypto economy. I think if he comes to be true, then also it will take reasonable time of a couple of decade or more to adobt and trust crypto economy. Moreover Govt. of any country would never want fiat economy to collapse so they will take necessary measure to control and regulate crypto economy. And I personally believe both Fiat and crypto economy can exist together, as both have their own pros and cons and user will adobt any of it as per their convenience and liking.

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