Cryptocurrency: How Empires End

[Tobin Harding]

On Thu, Apr 22, 2021 at 11:46:01PM -0400, grarpamp wrote:

[snip]

> Once an empire has reached stage eight above, it never reverses. It is
> a “dead empire walking” and only awaits the painful playing-out of the
> final three stages. At that point, it is foolhardy in the extreme to
> remain and “wait it out” in the hope that the decline will somehow
> reverse. At that point, the wiser choice might be to follow the cue of
> the Chinese, the Romans, and others, who instead chose to quietly exit
> for greener pastures elsewhere.

Interesting read, thanks.

The obvious question is 'where are the greener pastures', places that folk
fleeing might want to live (assuming some of us do not want to live in
Shanghai).

Thanks,
Tobin.