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Hugo Salinas Price: 'Extraordinary Popular Delusions and the Madness of Crowds'
By Hugo Salinas Price
Mexican Civic Association for Silver
Tuesday, August 24, 2021
Such is the title of an immortal work by Charles Mackay, published 180 years ago -- 1841 -- in London.
We are in 2021 and the world is subject to a new "madness of crowds." The present "popular delusion" of our world, in this 21st century, is -- without doubt -- its fascination with Bitcoin and its fellow "cryptocurrencies."
... Dispatch continues below ...
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It is utterly useless to argue with those who are subject to the delusion presented by bitcoin et al. Bitcoin presents a delusion that is impermeable to reason.
A good part of our world, especially the "more developed nations," are under the spell of this delusion, thanks to the ubiquity of the internet.
Bitcoin and its fellows are truly technological wonders, no doubt about that. ...
... For the remainder of the analysis:
http://www.plata.com.mx/enUS/More/417?idioma=2
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