Some Ruminations On The Necessity of Bitcoin As Reserve Asset

Bitcoin was a catastrophic mutation.  A thing born out of necessity to free human beings from a central issuing authority of new monetary units.  That relationship needs to be broken if we are going to free ourselves from the cycle of tyranny of the few at the expense of the many.

This isn’t to say that Bitcoin itself is the end of the story. No, in fact, it’s simply the beginning of the next story in human development.  But it shows us where we are headed.

https://tomluongo.me/2018/05/22/the-necessity-of-bitcoin-as-reserve-asset/

 

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.