A good barameter as to whether something will enhance individual liberty and economic freedom or impede it is to see who supports the concept and who opposes. Right now crypto currency is more like kryptonite to big government world bank types. Crypto currency scares the crap out of big government. The left fears crypto currency. Wall Street repelled it until they could no longer ignore it. Every central banking authority has called it a Ponzi scheme, a scam, fraud and everything else in order to try to scare people away. It’s a major threat to their control. That should tell you something.
Can you understand that folks who see it for what it is, should be leery of it?
I tried to explain the damage to our own currency. I tried to explain what would happen if our currency went south.
We’re going go disagree on this, and we’ll get to see how it plays out.
I don’t think it’s going away. I think it will do massive damage in the long run.