How Bitcoin will save us during the next financial crisis?

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2018-11-09 12:45:06

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How Bitcoin will save us during the next financial crisis?

Overstock CEO Patrick Byrne shared his thoughts about the biggest cryptocurrency on the market. In an interview for the Youtube channel Naomi Brockwell he told me how Bitcoin will become a world currency. According to Byrne, people will start to buy the cryptocurrency at the next collapse of the financial system. Prove it examples or Syria. He believes the modern financial system «big mysterious Keynesian Ponzi scheme».

Byrne lamented on how often governments called Bitcoin a pyramid scheme, and the Central banking system of the United States in this case convinces everyone in reality the value of the dollar. In his opinion, lends fake money, but ordinary people are paying real money.

The global financial system is like a special current account of the US Federal reserve, which by law cannot be overflowing. So they endlessly print money. And for these printed money people for several years are required to pay their real money. Even some important personalities from the US government to the Federal reserve.

Ambcrypto quoted Byrne that Bitcoin gives us the awareness of the unreality of the dollar.

To Think that any private company has the exclusive right to print money! Honestly, I wouldn't mind having the opportunity to print fake money for the us government, and then demand payment from them with real money!

In conclusion, he added that nobody really knows about a private Corporation that owns the Federal reserve. According to him, the codes for launching nuclear weapons will crack much sooner than we get to the bottom of this whole fraudulent scheme.

Recall that recently in the code found Bitcoin from Satoshi Nakamoto, which also says that cryptocurrency — it is salvation from sinking Fiat system. More data to search for .

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