What do Bitcoin and U.S. Republican Presidential front runner Donald Trump have in common? Both are new to their respective arenas, both are highly disruptive to existing power structures, and both, at this point, are unstoppable.
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WHY DONALD TRUMP AND BITCOIN ARE BOTH UNSTOPPABLE
1. teamsteverhyner.com http://www.teamsteverhyner.com/why-donald-trump-and-bitcoin-are-both-unstoppable/
Steven L.
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Why Donald Trump and Bitcoin Are Both Unstoppable
What do Bitcoin and U.S. Republican Presidential frontrunner Donald Trump have in common? Both are new to their
respective arenas, both are highly disruptive to existing power structures, and both, at this point, are unstoppable.
Disruption
The Trump campaign rose from a
long-shot curiosity at best to the
unquestionably dominant spot in the
Republican primary election, much to the chagrin of party elders. Political analysts dismissed his campaign, with no
traditional infrastructure or support from influencers in the conservative movement at large, as doomed to fail.
History has since shown otherwise.
The secret? Disruption. By his direct (and often vulgar) speech, his willingness to attack anyone and everyone
(including members of his own party), and his very presence as a serious contender for the White House despite
lacking a history in politics or support from mega donors (or really anyone deeply embedded in politics), Donald
Trump is the very opposite of the typical political candidate. He brings the end of the status quo, the upheaval of an
establishment that has become deeply unpopular. Trump represents an idea whose time has come, and once that
2. idea gains enough traction, there’s no stopping it.
Similarly, Bitcoin represents disruption in the financial sector. From banks to governments, existing institutions stand
to lose out from its rise, whether it be its power to obsolete slower, more expensive forms of money, or its ability to
allow economies to operate and grow almost entirely without state oversight. To some, Bitcoin’s ability to bypass
government regulators has made it unique and invaluable. Even to the rest of its users who have every intention of
complying with all relevant regulations, it is simply too convenient, useful, and powerful to give up once the
popularity surge is over. Because of this, Bitcoin’s disruption will continue until it has upended the entire financial
industry.
An unstoppable force can still suffer
temporary setbacks. During the first
election of the Republican primary,
the Iowa Caucuses, Trump received
a defeat by a significant margin, and
his poll numbers took a corresponding dive. However, he went on to win New Hampshire by an even more
significant margin, and has dominated every primary since.
As for Bitcoin, when Core developer, Mike Hearn’s, article decrying the cryptocurrency as dead in the water was
released, its price similarly took a hit, only to recover and rise even higher than before. This same pattern has
repeated several times over, as a setback strikes, causing self-styled experts to declare Bitcoin finished, only to see
it recover. We can expect to see more bumps down the road, but rest assured that no setback will be permanent at
this point.
For better or worse, Donald Trump’s fate as the Republican Party’s self-chosen one has been written in stone. So
too has Bitcoin’s destiny, as the future of currency, been decided, entirely for the better.
3. Re-posted from www.cointelegraph.com February 25, 2016 by Joel Valenzuela
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