But, but, but...the halving. The institutional adoption. And of course:
Explain to me how the whole system will work when there aren't $2T deficits. Government can't afford the interest expense, and the only reason the economy hasn't imploded is because of the grotesque government spending. But sure, you keep thinking that USD can survive in its current form.But, but, but...the halving. The institutional adoption. And of course:
Clearly, the only solution is air coins fabricated from whole cloth.
You're an idiot. All you can say is bitcoin won't work, but when the market are clearly falling apart from a minor interest rate rise by Japan, you can't offer any solution. I keep asking what will happen when the US doesn't spend $2T extra every year that it doesn't have, and nobody can tell me. But then you keep telling me that Bitcoin won't work. So you tell me what happens when Debt goes to 40T, then 45T. Will they drop rates back to zero and blow out inflation? Or will they keep rates where they are and have to print even more? And who will be buying this debt exactly?
You should be smart enough to realize how this one simple change to the monetary system has profound implications. Finite supply is a wonder feature. Imagine if the government could only spend what it collects in taxes. You tell me how drastically different the world will look.
Sadly, everything you talk about when it comes to trading is way above my level. But its interesting to learn right now the whole system seems contingent on what Japan is doing. Crazy to think that all the leverage is equities is simply because of the carry trade.
