I came of age during the 1970's and remember that as being a challenging time, but also one of great innovation. Many of the tools that are foundational to today's tech started to spread then (e.g. Unix, ethernet, etc.). My hope is that this economic downturn brings the same type of focus and innovation, and that most of that innovation happens in the Bitcoin space. Judging from the quality and passion of the folks I've encountered in this space thus far, I think the chances are pretty good.
Agree, bullish on Bitcoin builders.
How does inflation today compare to the inflation you experienced in the 70s?
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I remember car loan interest rates being outrageous (15%) and everything being out of my reach as a junior enlisted in the Navy.
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