cloud fodder on Nostr: Interesting, yes I think you're missing the point(s), I pretty much don't have a ...
Interesting, yes I think you're missing the point(s), I pretty much don't have a belief in any of your listed options..
Here's the simpler version: Governments dont like cash. Now cash is mostly gone (america is the last country to still have loosely regulated cash). The savvy government will not take away bitcoin because they can track it better than they can track cash, and yet there are still ways to use it with better privacy and knowledge of how it works. It works way better for long distance transactions than cash does.
That's it, why does it matter? Because it's *also a store of value, so people that believe in savings, can save AND transact with it, without having to convert in and out to STONKS. There are millions of retirees, playing the STONK market RN, and playing the UNREAL-ESTATE rn because they have no other choice. Oh, but they do, the choice is bitcoin.
Here's the simpler version: Governments dont like cash. Now cash is mostly gone (america is the last country to still have loosely regulated cash). The savvy government will not take away bitcoin because they can track it better than they can track cash, and yet there are still ways to use it with better privacy and knowledge of how it works. It works way better for long distance transactions than cash does.
That's it, why does it matter? Because it's *also a store of value, so people that believe in savings, can save AND transact with it, without having to convert in and out to STONKS. There are millions of retirees, playing the STONK market RN, and playing the UNREAL-ESTATE rn because they have no other choice. Oh, but they do, the choice is bitcoin.