Blatantly false. Gresham's law applies to many environments completely detached from official government legal tender. I don't know what you are even talking about.

Also I am not dismissing anything: BTC has a monetary role but it really shines as money only when other options are not available. There is a track record of almost 20 years now that proves this. Denying facts in favor of pure and naive ideology won't help you in life.

How come I've never heard of this website before? Looks sick af, great job! Straight into my favorites. TY

No surprise there. Bitcoin is money ONLY when other options are not available. It's pretty simple but people can't grasp it for some reason. Gresham's law is a bitch.

As for poverty, I think they are still better than they were 10 years ago. It's not a paradise for sure, but no country is a paradise. That being said, Max Keiser had already lost all credibility to my eyes with MaxCoin. He is not the worst but everything he says must be taken with a grain of salt.

So what's his take?

Thank you for the explanation! Highly technical answer I need to digest and re read more than one time for sure.

What about ARK? Same issues?

Good one. I like this one too:

"A man is rich in proportion to the number of things which he can afford to let alone" (H. D. Thoreau)