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RE: Steem Bounty - Is Bitcoin a Chaos Proxy? Share Your Thoughts and Get Rewarded

in #bitcoin6 years ago

My best attempt to distill the Bitcoin phenomenon is that crypto is a chaos proxy. As young people lose faith in institutions, they turn to investments that aren’t affiliated with nations, central banks, or the institutions that govern them. A pretty easy correlation is the election of Trump, the ensuing chaos, and the 2000+ percentage gain in Bitcoin. On election night Manhattan residents recognized we really do live on an island.

This words are so real, and the way he link Trump's election and people lose of faith with the rise of bitcoin make me think a lot about it , and it's hard not to agree with him that bitcoin is a "Chaos Proxy".

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