It depends how bad it gets. If the world stays like it is now I struggle to see how we get to mass adoption. However if our current trends continue and we head to hyperinflation then it will be a different story. Hyperinflation is not one of those things you can just ignore. Do not underestimate how desperately people will search for solutions once their money loses value faster than they can spend it and they have hungry kids at home.
As for the difficulty managing money is an essential part of life. Anyone who can manage a modern bank account of today can manage a bitcoin app. Setting up a Wallet of Satoshi account for grandma is far easier than setting up a new Fiat bank account. If we did not have the world of fiat banking and you had to describe it to someone they would say it was far too conplicated for people to use yet here we are managing just fine to use it.
Den Yellek
npub1e2…mnj8p
2024-08-22 05:25:34
in reply to nevent1q…xe08
Author Public Key
npub1e26dzyg9hp5lgzf9wrpph6ux3884yxmn55pd4rxzr5exne56fsyskmnj8pPublished at
2024-08-22 05:25:34Event JSON
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"content": "It depends how bad it gets. If the world stays like it is now I struggle to see how we get to mass adoption. However if our current trends continue and we head to hyperinflation then it will be a different story. Hyperinflation is not one of those things you can just ignore. Do not underestimate how desperately people will search for solutions once their money loses value faster than they can spend it and they have hungry kids at home.\n\nAs for the difficulty managing money is an essential part of life. Anyone who can manage a modern bank account of today can manage a bitcoin app. Setting up a Wallet of Satoshi account for grandma is far easier than setting up a new Fiat bank account. If we did not have the world of fiat banking and you had to describe it to someone they would say it was far too conplicated for people to use yet here we are managing just fine to use it.",
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