“It’s the folks who don’t understand cryptocurrency and the folks who don’t understand Bitcoin that seem the craziest these days. It’s a fascinating flip”
“But there’s one thing to remember in every investment scenario: objections are a buying signal. Say what you want about short-sighted folks stuck in the past: investors know that something is brewing.
“The underlying cause of this debt glut is the $12 trillion of free or cheap money created by central banks since 2009, combined with near-zero interest rates. When the real price of money is close to zero, people borrow and worry about the consequences later.”
“What if we could create money ourselves, without the need for banks? Money that can’t be forged, that will appreciate rather than depreciate, and that can be used worldwide without transaction costs. It exists, and some people consider it to be the digital version of gold: bitcoin. Is this really a perfect bankless alternative for the failing finance sector”