You are viewing a single comment's thread from:
RE: Billionaire Investor Warns Bitcoin is Pyramid Scheme
Exactly... everything is relative. Fiat is the all time biggest over-inflated corrupted bubble in all of history!
https://steemit.com/cryptocurrency/@cryptosphere/cryptos-the-most-undervalued-asset-class-usd87billion-vs-usd477billion-for-facebook-usd803billion-for-apple-o
Yup ... and it got there because there has never been a currency in world history that could not be corrupted. It's centuries of consolidation of wealth for a few while saddling governments with the debt to operate, who in turn take it out of the masses by either taxation, inflation, or both. I'm fine with people making money on cryptos, but really wish some of the big proponents would drive home the real miracle of cryptos in that they offer the first honest, non-usury money system in world history.
Amen. Just today I was thinking about how cryptocurrency could be used for micro-finance in countries like India... It's time to give opportunities to those who have had none.
I'm for all countries abandoning fractional reserve monetary systems and converting to their own open source blockchain currencies. The cabal will of course howl like a chorus of scorched cats, but this crap has damn near destroyed the planet, and private banks running the world has to stop.