Mystic prophecy: as in the eighties predicted the creation of Bitcoin

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2018-10-11 13:30:10

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Mystic prophecy: as in the eighties predicted the creation of Bitcoin

October 10, 2018 — this day was supposed to be a new world currency. At least, to such conclusion the magazine the Economist even thirty years ago. Can it be considered «performance» this prophecy?

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What will happen after the dollar

This environment is one of the most important days in the history of cryptocurrency. However, few people realize this. In the late 80s the world of the 21st century seemed so mysterious. According to analysts of the past to the present moment on Earth was supposed to be a single medium of exchange to be used in almost all countries.

Thirty years later, Americans, Japanese, Europeans and people in many rich and poor countries will pay for the goods in the same currency.

On the cover of that issue of The Economist depicts a Phoenix, because journalists thought it was a mythical beast a good metaphor for a global currency. On the Phoenix shows the coin engraved with the ten, and the burning dollar.

The deadline established by the journal, has already arrived. The description of the article fits only one currency — Bitcoin. However, while the crypt was not so common as is imagined in the eighties. In the publication The Economist shows more progress than has happened in reality.

Prices will not be expressed in dollars, yen or another currency. For example, they are expressed in «the Phoenix». Phoenix will be the preferred means of exchange for companies and consumers because of its superiority over today's currency. By the time traditional currencies will seem a quaint cause of the economic crises that shook the world in the twentieth century.

Part of the prediction converges with the description of Bitcoin, but the cryptocurrency is not yet ready for such a sharp change of paradigm. Besides, now the price of a coin dipped significantly, while the rapid growth of her yet far away. Even the journalists of the Economist was disappointed in Bitcoin — in one of the August articles it is called «useless».

Information was prepared . More interesting facts can be found in our .

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