RE: Bitcoin A Crazy Target for BTC Or The First Major Global Bubble?
There is much to consider in this line of thought , much more to discuss and much more to meditate on. Still you have made many broad assumptions, such as BTC dominance going forward. That's not likely, it's decreasing every day.
Free market competition means anyone can enter the field of banking and innovation will continue apace. We don't just have "free banking" as we once did, pre Federal Reserve. Now just as everyone is a print Publisher and an audio-video Media Center, so everyone who wants to be, is a Bank.
Hyper, hyper-inflation is here and the market, public opinion will influence what kind of money we use. Still I don't doubt that we are always going to be gamed by higher consciousness.
One point of view is that Divine and Demonic forces are always battling within man and within society. The Demons want the world without God -- and they can't have it.
Thanks for your great comment, I absolutely agree with you. Reason why I wrote the article is that I'd love to see more discussion on the topic so we can really tap into the nitty gritty of where we're really headed. The exit out of this market can become a tricky topic as by then the world will likely be very different from today.
I agree about the broad assumptions in the article. It is true Bitcoin is losing dominance. In that particular example we could replace Bitcoin by whichever will be the dominant crypto at the end-game and/or even the whole crypto market.
Truly we're on the same page. "We won't get fooled again" turns out to be the Cosmic Irony it was intended to be. "Say hello to the New Boss, same as the Old Boss." echoes and resounds over the decades.