The Disturbing Trend Toward Bitcoin Crony Capitalism

This article will hopefully offend nearly everyone. If not offend, embarrass. If not embarrass, at least expose the rampant hypocrisy within all of us. I say this without malice, without judgment of any individuals.

The World Economy Is a Train Wreck

Whether by incompetence or by deliberate design the world economy is a train wreck happening in real-time. The debris field is spreading rapidly as passenger cars collide, decouple, overturn and spin around while decapitating and delimbing the passengers on board. There is no way to assess the damage while the carnage remains in motion. Dodging personal damage is possible only to the extent you are isolated from the legacy system.

A bitcoin hodl is certainly one way to minimize the damage. But as the train wreck has just begun the collateral damage can be such that future hardship will be unavoidable even for the best prepared.

Those who hold a majority of their wealth in their home and legacy retirement account are especially vulnerable and are sitting ducks for seizure and confiscation.

There will be a coming flight to safety with nowhere to go. I cannot emphasize this enough. You must prepare for the coming storm now. Later will be too late. I pray I am wrong. I will take no pleasure in being right.