<<  >> (p.13)
    Author Topic: Bitcoin's Dystopian Future  (Read 28291 times)
    dnprock
    Member
    **
    Offline Offline

    Activity: 324
    Merit: 17

    Bitflate developer


    View Profile WWW
    December 05, 2019, 01:43:55 AM
     #241

    Bitcoin is considered "hard" money. It's powerful and revolutionary. But when I think about other assets like gold or oil, Bitcoin is more like fun money. People bled to get gold. Governments send armies to fight for and protect oil wells. If we were all brainwashed into believing a future of only 21 million coins as money, I agree that would be a dystopia. But humans are not that stupid. I think the future will have a bunch of currencies ranging from centralized to decentralized. Each design has its own tradeoff. I made a diagram to illustrate the possibilities.



    This future is pretty exciting for me. It'll be good for Bitcoin too.
Page 12
Viewing Page: 13