Thanks for the reply and update. If Armstrong's pessimistic forecast for upheaval in the US after the 2018 elections comes to pass, I would certainly agree with him that crypto is going to be an asset class of near-last resort, at least by 2020.
But that scenario that he warns of is a pretty scary one (based on several of his earlier posts/ talks/ predictions over time), one that appears to be a hoard gold, amunition and prayers type of scenario. Not quite WSHTF, but something not altogether far from it. Because if the US reaches such a point, S will in fact have to be HTF in many places in the developing world.
But I do not think, regardless of electoral outcomes, we will be reaching Armstrong's scenario for some time to come. The "elites" have plans for the US and Europe, and destroying our economies before they can fundamentally transform the population and culture in NA/EU would make implementation impossible.
Conspiracy-esque, yes, but someone powerful is driving all of this upheaval.
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