Why The Old Guard Hates Bitcoin
There is no shortage of people slamming cryptocurrencies and bitcoin in particular.
Warren Buffett and Charlie Munger are just two on a long list to feel that bitcoin amounts to nothing. Scam, fraud, and rat-poison are two words to describe it.
Yet, the march continues. Bitcoin's return since 2010 is simply astounding. Even the return since 2013 when famed economist Paul Krugman panned Bitcoin is enough to make most investors drool.
Click on image to read full article of why the Old Guard hates Bitcoin.
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the old guard is still in charge and nothing the people can or will do will ever change the systems that enslave them - bitcoin will eventually be outlawed and replaced by an elite backed digital currency.
quite frankly, even if the people want bitcoin it sure don't matter even a little what they want, it never did.
How do you outlaw something that isnt within your borders?
easy as pie...
think of what happened to gaddafi after he started to trade oil or gold.. the minute bitcoin becomes a threat is the minute it's over. sure don't matter that it's decentralized if you can't buy anything with it, it becomes useless and worthless....
As you get older, you prefer things that you are familiar with and control. You may call it, the explorer/exploit algorithms. Basically put, we have two basic algorithms in our brains, when you are exploring, you are looking for new places/technology/source of energy and so forth. Needless to say, that this is, predominantly, the algorithm that is common in young, no matter what species. As when faced with the challenge of life, they need yet to find their place, their partner and so forth. As we grow older, well, we start exploiting whatever we have acquired, and scorn, fear, novelties, as they offer an unnecessary risk to your well-being. Accordingly, revolutions are never brought about by the previous generation but by future ones. This future that the new generation has yet to explore.
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