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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (168619)	2/15/2021 9:14:02 PM
From: sense	Respond to of 219525

The difficulty with any "great reset" theory... is two fold: First, it ignores that a "reset" means turning the thing off before turning it back on... and the costs and consequences of turning something off really might not be things you should ignore before flipping the switch. Second, the reverse side of the same problem, however you got there... it assumes that the solution to the BSOD problem will present itself automatically in a reboot when the power is turned back on... which often doesn't work out. Why Microsoft is still in business at all really is a puzzle... even if not a puzzle that they're worth a lot less than Apple in spite of a generation of trying to best them. The difference between artists and mathematicians... in engineering and marketing. But, with a "real" reset... one that re-enables real competition instead of rewarding monopoly control of markets... neither would last very long. In the degree that bitcoin or something like it, only better, subverts the monopoly in money... it might well work to subvert monopoly control in other things as well... that occurring only at some threshold value in utility (not a to da moon price argument)... Achieving convertibility is a bit of progress, one might think... but if they judged it to have that potential, why would Bank of America / VISA ever support taking a step down that path... unless they didn't understand what they were doing when they did it ? Too much about it "isn't right"... to make it reasonable to assume we should base an economy on it... which of course is a different thing than trading a market bubble on the way up... [More awkward comparisons might be made here, too ?] Perhaps all bitcoin has done is perfect the Ponzi with a transparent presentation of the structure and timing in the manufacture of artificial scarcity to generate real demand... with the future event schedule distracting from the "can't get there from here" element to focus more on the timing vs the probability of success ? How much of GME et al... is a function of having conditioned a new generation to expect that... ? Endless tulip bulbs for all my good friends...