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RE: Will Bitcoin ever replace fiat money?

in #money7 years ago

financial crisis of 2008 were never addressed

All smoke and mirrors..The big banks and auto industries were bailed out...The promise to ease the debt of the common man...as you stated so accurately, was never addressed...promised with an empty hand...

Fast-forward a few years, and things look very similar in spite of the booming market...the credit card and student-loan debts of the common man remain an out-of-control train.

If the laws don't change, making it impossible to attain either of these debt-traps without collateral, I predict the printing presses will just keep creating more money out of thin air, as sad as that sounds.

The debt value looks more like a Zimbabwe monetary dollar.

However, if we keep talking about starting another war, that creates a lot of 'jobs', the unaddressed trillion-dollar debt-can will be kicked into the next generation. What value follows trillion? Zillion? Hmmm...smh...

Peace.