Bitcoin and next financial apocalypse - Bitcoin Forex Loans Insurance Busines

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Saturday, September 30, 2017

Bitcoin and next financial apocalypse

Many times I've wondered what difference that once exposed to Bitcoin are immediately fascinated by the concept, of which, however, remain eternally indifferent. No matter how much effort is made to express the magnitude of the transformation Satoshi Nakamoto has unleashed: both skeptics irrational (albeit often gullible to the official account) as merely apathetic respond with a "bah ..." contemptuous and continue with their lives as if nothing unusual had been presented to them, while others live introduction to Bitcoin as a sort of epiphany that starts from routine and compels them to delve into the subject, sometimes to the physical exhaustion .

What difference, then, to each other? What differentiates those who get seasick at the possibilities that opens Bitcoin and dropped into the "rabbit hole" and then emerge enlightened, empowered and serene at the prospect of a financial collapse overall, of which seem refractory to the best explanations if not directly hostile to concept-?

They are not, indeed, know what make the difference; Otherwise, we would not have seen -there 2010 and 2011- by so many geniuses of computer security , the encryption and p2p networks convinced that Bitcoin was a crude pipe dream. Neither previous experience in the investment world explains the difference between fascinated and indifferent; Otherwise, we would not have seen so many investors renowned dismiss or give up for dead Bitcoin.

No. What differentiates fascinated with Bitcoin of the indifferent is that the former know that the monetary system based on fiat money is not sustainable , while the latter live under the illusion that it is (in this second group include the "ingot head" who believe in fiscal constraint governments via gold standard). Indifferent believe that their savings are safe in the bank, the state control over digital money is a problem only for the rich, that in the future purchasing power will remain intact thanks to pensions governments promise today that credit can expand indefinitely and regardless of the savings - if there is political will to do so ...

In short, those who insist on ignoring Bitcoin have not the foggiest idea what is going on and can not even imagine the inevitable consequences of so much nonsense. Believe in the free lunch, think they give nothing for something is a perfectly acceptable and sustainable strategy, believe the shortage is always the result of a conspiracy, that the world owes them everything they are able to be desired, and that the state is the natural, fair and necessary means to flow to them (or to the people with whom they sympathize today) , according to them the resources they deserve.

That is the fundamental difference. Some inhabit a world fantastic in which economic laws can be repealed by parliamentary consensus, and even indifferent look at the bottom are fighting to preserve the illusion of control over the market . The others, however, struggling to break free from that illusion and determine what really is under your control.

Never before has the knowledge of history and education in monetary and financial matters had such a decisive role in the economic future of a person. Never before identifying the fraud Keynesian had led to such concrete benefits for the heretic to the emergence of Bitcoin, see beyond the official lie and raise their voices to denounce fraud used to unleash a cruel curse on Insurgent, forced to choose between the false repentance and eternal bracear against the current no land in sight; marginalization often involved in academic circles "serious" derision in the mass media, contempt by the majority given to voluntary servitude ... and all that without financial compensation to ease their own bitters of an unequal battle.

Today, support and spread the disturbing truth which inhabit the eye of the most destructive hurricane ever seen financial and there will be no safe haven within the financial system centrally planners is not exactly the formula to win a popularity contest, but has its rewards if it is consistent and flees to Bitcoin to stay safe state rapacity.

The world bitcoinizado will be very different from the world to put away in the next financial apocalypse . The world awaits us, and we already begin to see is one that rewards knowledge, thrift, prudence, awareness of the danger, responsible consumption, the time horizon of long - term respect for other people 's property, and meeting needs through the market, among other qualities and prosocial behavior and morally irreproachable.

The largest transfer of wealth in history a process that is already in course- will be parallel and in time he will finally said to the worst, and perhaps the last, economic depression in history. We are fortunate to witness the first stage of a transition that will split times, and plunged into the deepest embarrassment to looters and opportunists Those big beneficiaries of prehistory financially.