Big Barry Bitcoin on Nostr: Contratian thought: yes Bitcoin is decentralised, but that might not be enough to ...
Contratian thought: yes Bitcoin is decentralised, but that might not be enough to survive "getting off a ___ standard for war".
During times of war, the government is a propaganda machine for sure. They will sweet talk you. You may not trust the government, but many do.
So we all have our Bitcoin and we all custody it, but how many of us truly understand why we custody it?
The government sweet talks us, says, yes, the bitcoin was good, but we need to use govcoin because reasons and everyone should go trade it in now.
Also businesses must start accepting govcoin by mandate and there will be taxes for using the bitcoin for altruistic reasons of course.
It for sure can't destroy Bitcoin, but I don't see why bitcoin cannot go through a similar journey to Gold.
During times of war, the government is a propaganda machine for sure. They will sweet talk you. You may not trust the government, but many do.
So we all have our Bitcoin and we all custody it, but how many of us truly understand why we custody it?
The government sweet talks us, says, yes, the bitcoin was good, but we need to use govcoin because reasons and everyone should go trade it in now.
Also businesses must start accepting govcoin by mandate and there will be taxes for using the bitcoin for altruistic reasons of course.
It for sure can't destroy Bitcoin, but I don't see why bitcoin cannot go through a similar journey to Gold.