Nothing against consultants, but I expect that McKinsey, and others, are headed for some new regulations…if not criminal referrals.
That aside, even a blind squirrel finds an acorn every once in a while. I just find it hard to think that most tight-buttoned types have spent much time outside of meeting rooms to go to where the emerging ideas at the frothy cutting edge are being forged. Not comfortable, not cushy, not glamorous, no $/high-risk.
You saved $3000 for sure.
I have to say that alternative store of value in today’s world is a hugely important utility factor. I also think there is a hidden cost of the blood, sweat, and tears of endless wars over oil. Rape, pillage, death, & destruction…not to mention the human/arms/drug trafficking that a sizable section of the relatively unregulated non-profit sector promotes with the aid of rogue corporate and gov’t/3-letter agencies. What is wasted when we measure all the inputs and outputs? What is the measure of human potential stifled by skulduggery? Could that 5% pay itself off in multiples?
As for POR, I’m in total agreement. Blockchain doesn’t hold a candle. I’m just not sure that the true cost of the current economic/gubernatorial/monetary paradigm can really be accounted for by measuring carbon credits…especially when carbon credits are part of the fuckery too. In that sense, the case isn’t necessarily closed on Bitcoin being a better option than fiat.
Overly simple and condescending diagram #253: