From stacker.news - https://stacker.news/items/127537
What’s the best takedown of Bitcoin out there?
My answer: Bitcoin could fail because:
Most people on the planet have no savings ever
No new money/currency took hold in a society without violence historically
Freedom is really foreign concept to half the planet. Like, the idea that someone is “free” to use his money without constraints is not even considered in the realm of possibilities. I lived half of my life in the Middle East, this place would be the last to adopt Bitcoin because of #3
The fiat structure permeates everything in our society, Bitcoin doesn’t just change money, it changes everything. The more change something introduces, the harder it will be fought
JonathanAdly / Jonathan Adly
npub14j…drugn
2023-01-27 18:43:45
Author Public Key
npub14j58kwpzeh3r7rmmams3e6e0fcrymgzlqqvg9hm55g6dfvcgvq6qndrugnPublished at
2023-01-27 18:43:45Event JSON
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"content": "From stacker.news - https://stacker.news/items/127537\n\nWhat’s the best takedown of Bitcoin out there? \n\nMy answer: Bitcoin could fail because: \n\nMost people on the planet have no savings ever\n\nNo new money/currency took hold in a society without violence historically\n\nFreedom is really foreign concept to half the planet. Like, the idea that someone is “free” to use his money without constraints is not even considered in the realm of possibilities. I lived half of my life in the Middle East, this place would be the last to adopt Bitcoin because of #3\n\nThe fiat structure permeates everything in our society, Bitcoin doesn’t just change money, it changes everything. The more change something introduces, the harder it will be fought",
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