“Today we see broad parts of society, millennials especially, acting increasingly critical of central bank interventionism. At the same time technologists, at an accelerating pace, are developing an array of tools that allow for disruption of the economic status quo. In a decade the millennial generation is projected to have the highest earning power of all generations, and this tech-savvy post 9/11 generation has encryption to its disposal as a defensive technology. Meanwhile the bitcoin ecosystem is maturing in all aspects of its economy, in particular in deposit banking, insurance, lending and derivatives, and early forms of life insurance. If this process persists, bitcoin’s layered protocol suite could become a global powerhouse and potential alternative to the IMFS.”

Tuur Demester, Adamant Capital

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