Stay Calm Folks, Listen To John McAffe...
I found this latest tweet from John McAffe very much in line with my own kind of thinking about cryptos and the future. Here it is:
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Comment: He is absolutely right, governments and banks will try to stop cryptos, but they are not gonna be successful in the long run, its impossible since there will always be new technologies finding new solutions to the statists miserable attempts.
If will be shaky as hell during this ride, but thats to be expected, and just keep in mind that in 5 years banks might not even exist anymore. To me, this is the biggest transformation for mankind, ever, when it comes to economics since the implementation of gold/silver several thousands of years ago.
Link to McAffes tweet:
https://twitter.com/officialmcafee/status/960460423077253120
We could still have sperm banks and river banks. Maybe even a revival of the Arise Bank.
haha, yeah, if those banks are gone as well, we are probably doomed...
What is Arise Bank?
https://steemit.com/bitshares/@stan/bitshares-enterprise-alliance-part-12-the-godfather-shrugged
https://steemit.com/bitcoin/@stan/sec-v-arise-the-trial-of-the-century
https://steemit.com/bitshares/@taskmaster4450/mob-mentality-on-display-and-bitshares-loses-a-good-man-good-job-people
Banks are not there when you really need them!
True that, they are there to extort you instead and get you bound for life via house loans.
the banks will need to accept cryptocurrency sooner or later. they want to be in this game more than anybody else.