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RE: Could the U.S.A. become a 3rd world country if it fails to embrace Bitcoin & other cryptocurrencies?
Agreed. Capital flight is real, it happens and very likely will in the US unless things change quickly. If the wall street old money types have any sort of long term on their horizon, they would see it would be in their benefit to allow and adopt these technologies.
Oh I think Wall Street sees the benefit..... I just heard today that Goldman Sachs submitted a patent for a token exchange and got denied several times until they just removed the prior art and then apparently they received the patent.... talk about corruption.
lol yeah, i have hard time they will do well if they use the same thinking in this new paradigm.