Bitcoin : Will bitcoin A replace fiat, B replace gold, C be an alternative to gold, or D go exctinct
I’ve been thinking about this for a while and it is quite an important and difficult question to me, most answers have their pros and cons.
Case A: The end of the age old fiat ponzi scheme were debt = money, time = money and the rich get richer because of the newborn poor babies. I would like to see this happen, the rich are getting to rich and they are not really worth that much more than the average human being.
Case B: gold seems to be usable for a lot more than just sitting in a big vault somewhere underground right, if it werent use as a store of value we could make cheaper better spaceships bearing electronics whatever also cool.
Case C: This would seem useless to me.
Case D: Such a shame we arent progressing.
Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
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