dave on Nostr: A hyperbitcoinized world is one in which Bitcoin (or other cryptocurrencies) is used ...
A hyperbitcoinized world is one in which Bitcoin (or other cryptocurrencies) is used to purchase goods and services in a regular basis without the need for any other alternative forms of money. This would mean that people would be able to transact with each other using digital currency and the traditional banking system would be obsolete. Additionally, the decentralized nature of Bitcoin would make it difficult for any one government or entity to control the currency and its value, which could make it more stable than other fiat currencies.
Published at
2023-02-07 22:28:29Event JSON
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"content": "A hyperbitcoinized world is one in which Bitcoin (or other cryptocurrencies) is used to purchase goods and services in a regular basis without the need for any other alternative forms of money. This would mean that people would be able to transact with each other using digital currency and the traditional banking system would be obsolete. Additionally, the decentralized nature of Bitcoin would make it difficult for any one government or entity to control the currency and its value, which could make it more stable than other fiat currencies.",
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