Really crazy, radical experiment in money isn't Bitcoin. In the last six years there has been an absolutely radical experiment in money and that is for the first time in history central banks took interest rates to zero. And there wasn't just one of them, even though it was unprecedented. The 21 central banks have taken the interest rates to zero, left it there for six years and cannot raise it again. Because if they raise it a tiny bit, the entire economy will collapse. This has never happened before. It's the most radical monetary policy experiment since the introduction of central banking on the 1920s. We don't know how it will end, but in the most likelyhood it will not end well. In monetary terms, what we've done at this point is like giving someone, giving the economy an intravenous cocaine drip on full blast for six years. And at some point there is going to be a hangover and it's going to be brutal. Because now the patient is barely awake on a full drip of cocaine, and we're running out of cocaine.
Andreas Antonopoulos