Why Recent Social Unrest Has Changed My Mind On Bitcoin (Cryptocurrency:BTC-USD)

The Bonfire of The Vanities in Uptown Dallas

On Saturday night, Dallas descended into chaos as rioters looted Uptown Dallas, a neighborhood popular with TCU, SMU, and University of Texas graduates in their 20s and 30s, including my friends and family. The neighborhood was targeted by looters because it’s the safest neighborhood in Dallas proper, so police attention was initially focused elsewhere.

What’s different about these riots compared with past riots, such as the 1968 riots after the assassination of Martin Luther King, the 1980 Miami riots, the 1992 Rodney King riots, or the 2014/2015 Ferguson riots, is that looters specifically chose an affluent neighborhood to terrorize that had zero connection to the grievances of the main group of protesters. I looked at 20 famous riots over the last 100 years, and not one I found targeted ordinary middle and upper-middle-class neighborhoods the way these ones have. To this point, rioters also looted stores in Beverly Hills and Atlanta,…