We might be there Saturday ! <| sep |> All economies go through periodscycles of boom and bust . This is ' normal ' and it ' s how the markets constantly adjust to the underlying supply and demand which drives every economy . Most of the problems we have now were in a way created by the central banks through their efforts to fight these economic cycles . Through their financial stimulus they are trying to prevent the economy from going through a ' bust ' cycle . If this was done with the resources they had available i . e . savings it would not be such a big problem but they are not doing so . They are using resources they do not have so they are creating more and more debt and printing more and more money . There will come a point where those debts need to be settled and this is when the wheels will come off . Its already starting to happen . A country making use of bitcoin will not be able to artificially create money like the central banks are doing now due to the fact that bitcoin is limited in supply . So no way to generate more monopoly money without any form of accountability . Essentially they will only be able to use the resources on hand so they will be forced to live within their means . No overspending and no spending money of useless projects etc .