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Sunday 22 October 2017
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Bitcoin is the new “Rock n Roll” (and Charlie Shrem is the new Keith Richards )

Bitcoin is the new “Rock n Roll”

In the mid-sixties, The Beatles Revolution brought mass music to the world-wide teenage population, and spawned thousands of bands — ‘ kids in their garages ‘ — but the Beatles weren’t really “rock and roll’.

In the sixties, teenagers were split into two camps. The mop-top supporters of the Beatles listened to music that even had their parents tapping their feet , they were adored by the Media and received OBE’s at the Palace from Her Majesty the Queen of England. Whereas the long-haired Rolling Stones were the ‘bad boys’, outspoken, drug taking, anti-establishment figures. Pure evil ‘rock and rollers’ — someone you certainly couldn’t take home to introduce to Mom and Dad.

…. So let’s examine the career of these adolescent bad boys of rock and roll — epitomized by Mick Jagger and Keith Richards — from rebels into their existence today as probably the Iconic Surviving Rock Band, adored by celebrities , still playing at Presidential Parties and fund-raisers , almost unrecognizable from their early roots.

You could certainly make the case that the career of the Rolling Stones closely mirrors how bitcoin has developed up to now, and where it will be going in the coming decades.


Phase One — an articulate unrepresented underclass , communicating among themselves, nerdy kids in garages and basements, ridiculed for partaking in activities that were incomprehensible to the Main Stream.

Phase Two — rebellious, now ‘out in public ‘ loud, kicking the boundaries, some of the leaders arrested for drug related activities ( Yes, Charlie Shrem is the new Keith Richards !) bitcoin is now feared by the establishment, but growing in momentum with every month, and surviving all the ‘bad publicity’. Indeed , in the Rock and Roll World the saying goes — “there is no such thing as bad publicity, any publicity is good publicity” and this seems to be true also for bitcoin. Bitcoins adoption has certainly not been hurt by the recent ‘bad publicity’ of all the Main Stream Media reporting of Mt Gox, etc

Phase Three — getting invitations to the ‘top table’ (moving away from the Beggars Banquet ) . This is essentially where bitcoin is moving today. For example , see Barry Silberts quote on twitter on march 23 “Had requests from 38 institutional investors representing +$250 billion to meet with me re bitcoin at Barclays Emerging Payments Forum tomorrow” The Major Financial Institutions, like the BoE, have issued statements saying that the blockchain technology is a major innovation — and Commercial Banks are frantically trying to work out how they might adopt this “game changing” idea.

Phase Four — Mainstream Acceptance, “I can’t imagine what the rock world would have been like without the Rolling Stones “. This is where the bitcoin community is going. Before the end of this decade it will be impossible to imagine a world without bitcoin and the blockchain protocol.

Bitcoin truly is “The new Rock and Roll

This article courtesy of The Bitcoin Rat #BitcoinRat on twitter and www.cryptorats.com