Currently reading: The Alchemy of Finance by George Soros
#Books + #Bitcoin
Discussion
Any key takeaways so far?
People have been worrying about the national debt and the US dollar losing reserve currency status since the 1980s
Reflexivity is also a very interesting concept, and I like how George approached the markets as a scientist with a hypothesis
Interesting. I’ll check it out.
So, are you saying that we shouldn’t be worried about losing reserve status?
No, I still think it will happen
it just made me realize how slow the process is
most Bitcoiners expect it to happen in a few years when it could easily take ten or twenty more
Agreed. The implosion is slow. All other currencies will fold before the dollar and I don’t see those dominoes falling just yet. We’re a long way out.
The lambos will have to wait.