@75million I am certain I know more about programming than you do, more about economics than you do, more about monetary substitutes than you do, more about about BTC than you do, more about economic warfare than you do, and more about how to destroy monetary systems than you do. Sorry. Just is. BTC like I said is functioning as a savings vehicle and everyone is hedging with it to some degree because everyone knows that the central banks are up against a wall, and that as soon as boomers start drawing down savings while at the same time population negative countries retire, that they’re fucked. That just means that they’re going to do exactly what I predicted they will do. Sorry. I explained all this back in 2012 when the BTC folks first asked me to dtermined whether btc was money or not. No, its a tradable, fractional share of the btc network, that is not insured by an insurer of last resort, and it has technological problems, and energy problems, and scale problems that hopefully they will overcome. So all that has to happen is that the state has to act, and drive BTC from one platform to another. It’s easy. The question that’s more interesting is will they drive them to their own federal platform, or to one of the existing alternatives tthat have solved the technological, scale, and cost problems first?
Source date (UTC): 2021-10-28 21:31:46 UTC
Original post: https://gab.com/curtd/posts/107181290736791795
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