Bitcoin, Amazon, Alibaba, & Ebay
In recent years there has been a lot of chatter about an impending economic collapse. As if the investment thesis for Bitcoin wasn’t strong enough already, this is like pouring jet fuel on a bonfire.
Part of the economic collapse discourse usually includes a conversation about gold, silver, and other hard assets — sound money as it were. However I’ve never been able to get my head around the opposition so many ‘gold bugs’ have to Bitcoin and other crypto currencies. It is also common for precious metal advocates to bring up their fear of a potential link to the New World Order and one-world government. They will cite Aaron Russo and his infamous documentary that talked about a cashless society and everyone being “chipped”. I’ve been down that rabbit hole. Now, just thinking about it makes me tired…
As someone with a background in software engineering, these arguments are always a little entertaining. Getting in to debates with people who aren’t even qualified to participate in the discussion is usually a waste of time, but can be entertaining in its’ own way. Before you may condemn Bitcoin or any other crypto currency, you need to understand it. You need to be able to look at the code, read and actually comprehend what it means. If you can’t do that, which none of the critics ever have, then you’re not qualified to have an opinion.
But, for the sake of argument, let’s just suppose the critics are right. Bitcoin’s current market cap is still in the single-digit billions. If the New World Order really does have a plan to get everyone on Bitcoin or some other digital currency, that means there will be extraordinary and massive amounts of growth in that market cap. And with that, from current levels, gigantic profits still remain and have yet to be made. Furthermore, there are plenty of places where you can buy gold, silver, and all other manner of hard assets using Bitcoin. So there remains an opportunity to ride that wave up, and cash out along the way.
On the other hand, let’s just suppose Bitcoin is a legit, digital currency that’s not in any way connected to the Illuminati. Then suppose the financial markets do seize up and/or collapse. Given that Bitcoin exists outside of the entire financial system and stands completely on its’ own, it would be, at that point, the only functioning market available over which to conduct commerce and other financial transactions. Love it or hate it, good or bad, one world government or not, if Bitcoin and the blockchain are the only games in town, you’ll have to use themcbecause there will simply be nothing else to use. What does Amazon do when the fiat banking system isn’t online? What about Alibaba? What about eBay? Without a functioning fiat money banking system, they have no viable business model, unless they adopt Bitcoin…
Shunning Bitcoin out of fear may seem like the intuitive approach, but in either case you are leaving a lot of money on the table. In either case you have an opportunity to profit massively. Whatever your opinion may be, crypto currencies are the only viable alternative for companies that do business online, which is already a lot and will only continue to increase over time.
If there is a New World Order and one world government coming, Bitcoin wins.
If there is a financial collapse, Bitcoin wins.
If peace and prosperity prevails, Bitcoin wins.
Bitcoin wins