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How Bitcoin Will Change Global Trade

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“You know what the trouble is, Brucey? We used to make shit in this country, build shit. Now we just put our hand in the next guy’s pocket.”

Frank Sobotka, “The Wire

It is no secret that the United States’ manufacturing production has declined over the past few decades. The days of the Industrial Revolution are long gone, as the United States has transformed into a consumer-based economy. This divergence really became clear around the turn of the 21st century. According to the U.S. Bureau of Labor and Statistics, United States manufacturing jobs have dropped from around 17.5 million in 2000 to around 12.5 million today.



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