How Sustainable Will Bitcoin Be After the Apocalypse?
Over the past few years, worldwide fears of an apocalypse-type scenario have increased quite a bit. The trend is likely to be associated with global economic turbulence, failed central planning, and the rise of tyrannical governance. With people believing doomsday may come to pass, many are hoarding various commodities like precious metals, and now even....
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American actress Roseanne Barr has tweeted cryptic support for Bitcoin. Already controversial for her support of the Occupy movement, and calling for the beheading of bankers, Roseanne Barr seems to be backing Bitcoin as the perfect currency for trading after the apocalypse. While many celebrities get a PR firm to run their twitter feed, we get the feeling Roseanne is a bit more hands-on... Barr wrote: first post apocalyptic law: slavery in all forms is now illegal-including debt slavery. #BITCOIN. - Roseanne Barr (@TheRealRoseanne) May 28, 2013. Quickly followed by: 2nd law: war is....
Could Bitcoin stick it out like a roach, or would a worldwide collapse lead to the inevitable demise of Bitcoin?
Only bitcoin offers a truly sustainable path forward for the continent which prizes this attribute.
Depending on your view, a devastating blow has been dealt to crypto, or a much-needed purge is in progress due to the SEC suing Ripple and two of its top executives for selling XRP tokens which the regulator claims were unregistered securities. XRP dropped dove over 30% on the news, but the carnage might only […]