pascalito on Nostr: In my eyes, Bitcoin would be bad for humanity if it would either become a blueprint ...
In my eyes, Bitcoin would be bad for humanity if it would either become a blueprint for „total control money“ (e.g., successful adoption of CBDC) or if it could be used to establish total control (e.g., if governments or private corporations successfully build chokepoints around it, for instance successful regulation on „non-hosted wallets“).
However, the mere existence of Bitcoin makes the former unlikely, as Bitcoin will always be the perfect juxtaposition of freedom money versus any other form of „total control money“. With regards to the latter, my hope is that people are self-educated enough to access the protocol freely and that market incentives for free access are stronger than those that lead to control.
However, the mere existence of Bitcoin makes the former unlikely, as Bitcoin will always be the perfect juxtaposition of freedom money versus any other form of „total control money“. With regards to the latter, my hope is that people are self-educated enough to access the protocol freely and that market incentives for free access are stronger than those that lead to control.