Problem w electronic money is that be an emp it can devastate a country by the enemy of it is the only form of money as it take energy to use it like credit cards verses physical. So that is a hack
Vince, You are one the the best Risk Managers. Many do not know how to change their views as the facts come in and get stuck on the sidelines missing all the big moves. I appreciate you!
Also, Remember, if they break the bitcoin algo, they break SHA256.... Same code that protects the Nuclear arsenal... I dont believe they are anywhere near that tech to break that code. Its always good to play all scenarios out, research, reassess and restructure if needed. CHEERS!
Vince, a most-engaging analysis; A QUESTION: does Zoltan Pozsar have any peers/predecessors in the role of protege/teacher ? (VBL?)
im sure he does.. i think some of the older guys at the Fed are teachers to him. Perry Mehrling is definitely one.
Problem w electronic money is that be an emp it can devastate a country by the enemy of it is the only form of money as it take energy to use it like credit cards verses physical. So that is a hack
Yeah it’s time to melt into nuggets if they come to take it
Vince, You are one the the best Risk Managers. Many do not know how to change their views as the facts come in and get stuck on the sidelines missing all the big moves. I appreciate you!
Also, Remember, if they break the bitcoin algo, they break SHA256.... Same code that protects the Nuclear arsenal... I dont believe they are anywhere near that tech to break that code. Its always good to play all scenarios out, research, reassess and restructure if needed. CHEERS!
Thank man.. appreciate the comment..
ahhh. so theres the wedge. the SHA 256 connection. YES . it is a problem for them!
satoshi really did think of everything
not a problem for the Chinese ?
superb commentary! thanks Vince.
Maybe a better analogy would have been, "Chemists say we can't make gold."
Thnks sir Vince