Val on Nostr: True that if we go in a cash less society and they go toward a digital currency we ...
True that if we go in a cash less society and they go toward a digital currency we are fucked because that will become totalitarianism( good word for scrabble )
But lightning is good if accepted by others. Would the farmer accept it. What can he buy with it.
What about borrowing ? You can’t with that. And what’s worry me in the very high volatility of the Bitcoin.
We do not know who and how many they have. Imagine if black rock own like 2 millions worth of Bitcoin how much can they generate volatility on it? No one can control that. My family has to escape from a country they only took they jewellery with them and managed to survive as jewellery and gold have everywhere a recognised value. I’m trying to understand how a world with lightning would work outside of the top supporters world?
But lightning is good if accepted by others. Would the farmer accept it. What can he buy with it.
What about borrowing ? You can’t with that. And what’s worry me in the very high volatility of the Bitcoin.
We do not know who and how many they have. Imagine if black rock own like 2 millions worth of Bitcoin how much can they generate volatility on it? No one can control that. My family has to escape from a country they only took they jewellery with them and managed to survive as jewellery and gold have everywhere a recognised value. I’m trying to understand how a world with lightning would work outside of the top supporters world?