Loading ...The best I can sum it up at this point is using the words of Karl Popper; “Whenever a theory appears to you as the only possible one, take this as a sign that you have neither understood the theory nor the problem which it was intended to solve.” In other words people think they understand cryptocurrency and its ultimate role. They are mesmerized, and that frightens me. Just a humble thought.
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LL, while you may be correct, I think the situation is a bit more complicated. I don’t subscribe to the meme that bitcoin is the banksters nemesis. I see this whole blockchain paradigm as something of a brilliant chess move on the part of the powers that be. When I hear so many well-meaning geeks tripping over themselves to extol the virtues of this computational manna from heaven, and heralding the coming victory over their long-standing oppressors through the use of cryptocurrency, my intuition tells me its not that simple, and their is more at play than meets the digital eye.
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I personal think they will continue to pump this to the point where most will be convinced they must get on board. Look to the IMF’s plans with ACC and the SDR. A one-world currency is right around the corner. Those making fortunes off this current speculative phase are the carrot for the rest. Can anyone deny that emotions are being fabulously manipulated. The established powers think many moves ahead of the rabble.