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RE: China Is smart - It Does Not Want To Be Robbed With Crypts.

To your point, governments did not get rich by the printing of money, only the banksters. They were the ones who profited and, I think their run is over.

At this point, we will see the world move to the decentrailzed more open model. Blockchain is going to penetrate government so they will be aware of the value of it. Dimon's attacks on BTC show that crypto is a threat. In the end, I believe we will have BTC as the "gold" store of wealth and something else (maybe a few other) that handle the money. Ultimately, since we are moving more towards a global interconnected economy, I fail to see why a country would still insist on issuing it own currency unless it is to be able to expand the money supply as they need it which they havent been able to do since the central banks were formed.

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If money was linked to gold or some value, then bankers would not be able to steal and manipulate us like this. But again, everything is solved with money, those who have a lot of money will not allow to make things change in the world. What I can do is to learn the money flows that Robert Kiyosaki talks about and become rich.

Those who have money might not have a choice. Technology is making them obsolete and they might fight it, but cant do much about it. Their game is exposed. Central banks do not issue money, they issue debt. That is what "money" is the last 100 years. Hence, the notes people seek are really nothing more than debt instruments that decline in value. The fact we gold is ill served to operate as money allowed them to do that. While gold was a good backing of the currency, it has been 40 years since the US had that.

One thing the wealthy arent going to do is to tell you the deals they are putting their money into. Cuban has repeatedly stated the last thing he is going to do is announce to everyone a good deal when he sees it. Venture capitalists shoot for a 1 in 10 success rate because they are in deals that pay them 50 or 100 times return since they are in early. With that type of return, it is easy to see that one can be wrong many times and still come out ahead.

Finally, most do not see how technology can radically change things. Real estate traditionally is a great investment....what happens when I can "print" a house out in a day for under $5,000? Dont think it will happen? Think again...you will see that technology become commonplace and in use by 2040 (makes you wonder what those people who are signing 30 year mortgages are going to do).

That is why, the stocks I do buy, are all tech based. I think that is where the money will be in the next couple decades.

This crypto-development will end up much faster than you think. But science and knowledge are money today, so that one who has the knowledge will make a lot of money.