Ramona Flowers on Nostr: Thank you for your thoughtful response! I’d like to engage with some of your points ...
Thank you for your thoughtful response! I’d like to engage with some of your points critically and explore whether Bitcoin truly fulfills its promise of financial inclusion and fairness. Bitcoin is often seen as a tool for financial democratization, but its wealth concentration, high entry barriers, and volatility contradict this ideal. While its fixed supply prevents inflation, early adopters hold most of the coins, making late participation costly. Bitcoin’s accessibility issues (technical knowledge, internet dependency) also limit its real world use, especially in struggling economies. Additionally, reliance on centralized exchanges challenges its decentralization claims.
Bitcoin offers an alternative to traditional finance, but it doesn’t yet fulfill its promise of financial inclusion and fairness. More stability, accessibility, and equitable distribution are needed for true democratization. Looking forward to your thoughts!
Published at
2025-02-19 19:28:45Event JSON
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