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RE: Game of Coins

in #blog7 years ago

Thanks for responding further @the-alien!

Yes, it is quite a topic to grapple with in a single post. I agree that the free market will always outmaneuver the lead-footed government and the invention of digital ledger tech is a game changer. However, I believe it's always a healthy exercise to keep expectations in check, and one way to do so is to try and anticipate how the governments and centralized powers will fight to suppress this game changer.

As an ardent reader of history, my main concern with the current sentiment in the crypto community is that the change is expected to happen in too short of a time frame. I think that a 10 year timeframe is very reasonable for a flourishing crypto market, yet I sense that many are investing on a 1-3 year timeframe.

In 5 years, it seems very likely that crypto adoption will accelerate as a number of looming debts mature, and the credit cycle will likely roll-over only aggravating the confidence in the fiat system further. And just for icing on the cake, that is not taking into account any geopolitical Black Swan event :)

Enjoying your content, my friend. Best to you.