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RE: Bitcoinization, what is it and is it happening already?

in #bitcoin7 years ago

That is super interesting and intriguing! Bitcoin is an interesting socio-economiic experiment getting real world results. How many more countries will go the route of bitcoininization.

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Hopefully a lot. It is an interesting experiment. Better than that one out in California where people are being gifted free money to see what they do with it...

Hey @jrcornel that is right on the money. I am disabled on workers compensation from California. I am pretty bad off and my family relies on California dollars. It is scary to think that I will not get my money that I bled for because a person who entered the State and Country illegally, will now get an expensive free education. It's scary as hell. I try to learn as much about investments as I can and put away everything I can into various ventures trying to get ahead so I won't loose more sleep over this serious problem. Furthermore, I live in a small town in Florida. I put a lot of money from my pension and workers compensation into my local economy. There are people who make good retirements distributed throughout the US that rely on those California dollars. The economic cycling in the rest of the US is significant. It is a big mess. When it tanks the shock waves may be deafening.

I'd buy bitcoin with it hehe