JonathanAdly on Nostr: From stacker.news - https://stacker.news/items/127537 What’s the best takedown of ...
From stacker.news - https://stacker.news/items/127537
What’s the best takedown of Bitcoin out there?
My answer: Bitcoin could fail because:
Most people on the planet have no savings ever
No new money/currency took hold in a society without violence historically
Freedom is really foreign concept to half the planet. Like, the idea that someone is “free” to use his money without constraints is not even considered in the realm of possibilities. I lived half of my life in the Middle East, this place would be the last to adopt Bitcoin because of #3
The fiat structure permeates everything in our society, Bitcoin doesn’t just change money, it changes everything. The more change something introduces, the harder it will be fought
What’s the best takedown of Bitcoin out there?
My answer: Bitcoin could fail because:
Most people on the planet have no savings ever
No new money/currency took hold in a society without violence historically
Freedom is really foreign concept to half the planet. Like, the idea that someone is “free” to use his money without constraints is not even considered in the realm of possibilities. I lived half of my life in the Middle East, this place would be the last to adopt Bitcoin because of #3
The fiat structure permeates everything in our society, Bitcoin doesn’t just change money, it changes everything. The more change something introduces, the harder it will be fought