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Author Topic: We need to wake up fast before china will eat all the BTC..  (Read 1978 times)
deisik
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November 28, 2013, 06:41:40 AM
 #21

china shall rule the world. I love chinese food. fuck murica

They are not that kind of people like Germans, English or Russians. They avoid open confrontation, whenever in history they got engaged in an open conflict they suffered badly since medieval times (Mongols conquest) till not so long ago (Japanese occupation). If ever, they would prefer some tacit "peaceful" subjugation through primarily economic ways...

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jonat3
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November 28, 2013, 06:50:10 AM
 #22

The Chinese are well known as savers. IMO, BTC will have an ultimate valuation of atleast 1 million USD/BTC. And the Chinese are more likely to hoard the coins and reach that goal. The West is more likely to be oblivious of BTC's true end valuation and will most likely sell the coins before they even reach their true potential. What this means is that in the end they will end up with more millionaires than us. Where do you think they will invest that money? In their home country of course. This will cause a huge economic shift in power that has enormous geopolitical implications.
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November 28, 2013, 06:52:35 AM
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The Chinese are well known as savers. IMO, BTC will have an ultimate valuation of atleast 1 million USD/BTC. And the Chinese are more likely to hoard the coins and reach that goal. The West is more likely to be oblivious of BTC's true end valuation and will most likely sell the coins before they even reach their true potential. What this means is that in the end they will end up with more millionaires than us. Where do you think they will invest that money? In their home country of course. This will cause a huge economic shift in power that has enormous geopolitical implications.

Yep.  They keep doing the right thing and it will pay off in the end.  The west continues to spend beyond its means and will have to pay the piper eventually.

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emanymton
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November 28, 2013, 07:22:58 AM
 #24

The Chinese are well known as savers. IMO, BTC will have an ultimate valuation of atleast 1 million USD/BTC. And the Chinese are more likely to hoard the coins and reach that goal. The West is more likely to be oblivious of BTC's true end valuation and will most likely sell the coins before they even reach their true potential. What this means is that in the end they will end up with more millionaires than us. Where do you think they will invest that money? In their home country of course. This will cause a huge economic shift in power that has enormous geopolitical implications.

Yep.  They keep doing the right thing and it will pay off in the end.  The west continues to spend beyond its means and will have to pay the piper eventually.
Rubbish! We can always print more money with absolutely no negative consequences whatsoever Grin

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