Maybe a house shouldn't take 10 years to pay off,
Maybe you have delusional idea of how much labor and resources go into building a house?
Don't you think the people who build houses should be able to afford to live in one?
I don't have all the answers, but I can tell you with certainty that once we switch to a currency that cannot be manipulated, everything else will fall into place.
Right after we discover cold fusion and find the philosopher's stone.
You're assuming a ton of things work out exactly the way you want them. Also that a lot of very powerful people give up power and aren't replaced by similar or worse people.
If you read through human history, governments can get very nasty when their currencies are threatened. Both to their own people and their neighbors.
You seem to be assuming their is some sort of global currency collapse and then instead of picking boogymen and scapegoats all the countries of the world are going to get together and agree to reduce their own power.
In pre French revolutionary times it was literally punishable by death to ask the price of something in a currency other than the official. And everyone knows how well the collapse of the Weimar Republic worked out for their neighbors. Then you have the Falklands war, WWI and the 1920s financial crisis, the collapse of the Roman empire, etc.
If you have a simultaneous global currency collapse, you're going to have bigger things to worry about than a bit of inflation. Think of hundreds of millions of dead people.
And Bitcoin is certainly not manipulation proof. How many Bitcoin are sitting idle in a single account? 600,000 in a single account that we don't even know who controls it?
Bitcoin isn't even stable let alone manipulation proof. (See any price chart)
Plus you have a long term risk that quantum computing takes the value of Bitcoin to zero.
Everything around us should be cheaper because some entrepreneur figures out how to do things cheaper and faster
No. Some things get cheaper. Some things get more expensive. This kind of always cheaper thinking completely ignores things like non-renewable resources.
It's the kind of thinking that comes from being hyper tech focused and not consider basic day to day crap like, "how much is it going to cost to get 20 yards of concrete delivered to a job site?"
No, concrete is not going to get cheaper the way that transistors in a microprocessor do. And a good Merlot is not going to suddenly cost $4.
I dunno about you, but the other dude is a hysterical nut.
