We have experienced a rapid sequence of events that have forever altered the monetary, financial landscape globally, to wit:
  • Citizens can’t trust their own governments to protect their property rights, and
  • Governments can no longer trust each other to respect each other’s currency reserves
What we have here is the realization that absolutely no one can be trusted as a third-party intermediary for capital. There is really only one alternative to this situation: that is the mass adoption of a trustless, frictionless digital bearer instrument that can be accessed by everybody, everywhere, no matter what.
And that is Bitcoin.
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This article had been re-published on ZeroHedge (as many of Mark's articles are):
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And, it looks like that ZeroHedge article had been posted here on SN, earlier, too:
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