Vyram Kraven on Nostr: I think the dollar will still be around. Bitcoin on the other hand will be around for ...
I think the dollar will still be around. Bitcoin on the other hand will be around for a long time but not forever. See the govs already trying to control every pos to bitcoin & it's blockchain will be monitored heavily eventually probably 2032 we will have some tech that will make the whole blockchain & public ledger be obsolete & some new protocol will emerge then the cycle will repeat itself only instead of people saying bitcoins the way it will be something else.
Meanwhile people will argue protocols, alternatives to the leading mainstream internet currency, & methods which could create a new implementation which will be open sourced, flawed, exploited, & reconstructed. Meanwhile cash will still be printed on paper & exchanged with paperwork & the banks will still be around.
Why because paper does not require a protocol, paper does not have to be open or closed sourced, paper does not require maintainance, updates with modern coding technologies, & paper will not be an open discussion to debate about which is better because there is no alternative to paper. The paper company made sure of that when hemp paper became illegal.
Nobody is going to create a new alternative to paper, nobody is going to challenge the paper family, paper is truly supreme in the modern political society. You can emp the world & wipe out electricity, the internet, & your money is gone but paper will still be there. You can renew paper & even keep paper intact when wet can you keep your digital wallet intact after you dump the harddrive in a pool of water it's stored on?
The real question is who is challenging the paper & plastic family?
Published at
2024-08-19 05:09:20Event JSON
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"content": "I think the dollar will still be around. Bitcoin on the other hand will be around for a long time but not forever. See the govs already trying to control every pos to bitcoin \u0026 it's blockchain will be monitored heavily eventually probably 2032 we will have some tech that will make the whole blockchain \u0026 public ledger be obsolete \u0026 some new protocol will emerge then the cycle will repeat itself only instead of people saying bitcoins the way it will be something else. \n\nMeanwhile people will argue protocols, alternatives to the leading mainstream internet currency, \u0026 methods which could create a new implementation which will be open sourced, flawed, exploited, \u0026 reconstructed. Meanwhile cash will still be printed on paper \u0026 exchanged with paperwork \u0026 the banks will still be around.\n\nWhy because paper does not require a protocol, paper does not have to be open or closed sourced, paper does not require maintainance, updates with modern coding technologies, \u0026 paper will not be an open discussion to debate about which is better because there is no alternative to paper. The paper company made sure of that when hemp paper became illegal.\n\nNobody is going to create a new alternative to paper, nobody is going to challenge the paper family, paper is truly supreme in the modern political society. You can emp the world \u0026 wipe out electricity, the internet, \u0026 your money is gone but paper will still be there. You can renew paper \u0026 even keep paper intact when wet can you keep your digital wallet intact after you dump the harddrive in a pool of water it's stored on?\n\nThe real question is who is challenging the paper \u0026 plastic family?",
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