1/ Bitcoin will usher an era of unprecedented peace and prosperity.
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Correct, crypto is the medicin, not the illness, but I insist we must pay attention and work to lessen the suffering. Otherwise we risk never seeing through to the other side.
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My goal is to make a contribution towards making the transition *slightly less* painful.
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Let's think critically here: Somebody who makes and sells Bread or Milk, or writes computer code at Google, won't suffer as much -- just accept new type of money. Somebody who creates money from thin air, and then lends it (Big commercial banks) -- will suffer.
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Not so sure. In a deep economic crisis everybody but a few suffer: famines happen, wars are started, crime rises, people die. Re-routing the economy takes time.
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You think the crisis will be *that* bad? I had a vision of an economic recession, but not famine-level.
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The transition will result in famine, desperation and death for many. What we need is gradual change, let's not be quite so extreme. Fiat as bad as it is has immensely improved the standard of living for the world. Let's not get too carried away, let's aim for gradual change.
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I am a man of reason and not a fanatic. But this is what I see: In the next 10 years the immediate enemy of Bitcoin isn’t USD or EUR. It’s the tail end of shitty 2nd and 3rd world currencies that might collapse. People in those countries storing wealth in that fiat are gonna hurt
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Totally agree, maybe we need bitcoin ambassadors lobbying these countries governments to try and get them to see the light. The problem is the ruling elite are not so affected by inflation, it's the masses that will hurt. The leaders are too corrupt. There's no easy solutions.
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This. Central banks bailed out the banks in 2008, but I’m not sure how the central banks plan to get out of the mess they’ve created by flooding the world with easy money for the past decade.
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