Governments really decide what is to be used as currency, and we ourselves don't have any controls on it. No matter how hard we push it, if the government doesn't want it, then it is still useless. Governments are powerful, which is why we can't do anything about it. That is the reason why other people are still buying bitcoin even though it is illegal in their country. They see potential in it, but they are quiet about it as they might get into trouble. What's my point? The government will be implementing those established ones like fiat, and if they see that there is something wrong with something like bitcoin, they will ban it, and you can't stop it.

I've read some comments and people don't get why I believe it's a shame that this is coming from a lecturer. My father was old skool too, yet he never think that paper money is not replaceable, he was so opened to new ideas and he believe that anything is possible.

As a lecturer he should believe in whatever he believes in, but stopping his son from learning about Bitcoin is wrong, as a lecturer what makes him believe that he will always be right? We were taught in school that knowledge is power and this one is stopping people from achieving knowledge.

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.

This is what I get from a lecturer of a university in my country, I was trying to teach some students about Bitcoin and crypto, I was forced to even do it because I have been busy with my business for the past one month now, a good year this 2023 has been for my business, but these students have been calling me to come and give them some lectures about Bitcoin so I did this yesterday.

One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

His son have an interest in Bitcoin and now it's left for him to make a choice, I am only surprised how a lecturer can be this dense, something that should be coming from an illiterate.

I don't know if this will impact the other students too because they are all from the same school but I do hope I've not wasted my energy, I spent 2 hours talking about Bitcoin and the Blockchain.

If something is not clear or doesn't make sense, we should look for answers and not make a blind determination on it, your action can have an impact on someone's else.
The lecturer have called Bitcoin a scam and his son is lost, I still told him to do research on his own but I myself have lose interest trying to explain anything to him anymore.

UPDATE


I've read some comments and people don't get why I believe it's a shame that this is coming from a lecturer. My father was old skool too, yet he never think that paper money is not replaceable, he was so opened to new ideas and he believe that anything is possible.

As a lecturer he should believe in whatever he believes in, but stopping his son from learning about Bitcoin is wrong, as a lecturer what makes him believe that he will always be right? We were taught in school that knowledge is power and this one is stopping people from achieving knowledge.

People believe so much in their government that's why many poor people are so powerless, some countries are in a mess today because all the people believe in are those corrupt politicians leading their countries.

I read some comments and I am disappointed, many people are just buying Bitcoin but they don't understand that Bitcoin gives power to the people through decentralization, for the first time in history the government is unable to be in total control of something, that's Bitcoin.

Governments really decide what is to be used as currency, and we ourselves don't have any controls on it. No matter how hard we push it, if the government doesn't want it, then it is still useless. Governments are powerful, which is why we can't do anything about it. That is the reason why other people are still buying bitcoin even though it is illegal in their country. They see potential in it, but they are quiet about it as they might get into trouble. What's my point? The government will be implementing those established ones like fiat, and if they see that there is something wrong with something like bitcoin, they will ban it, and you can't stop it.

One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

His son have an interest in Bitcoin and now it's left for him to make a choice, I am only surprised how a lecturer can be this dense, something that should be coming from an illiterate.

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.

Not every lecturers are open minded regards technology and innovation. Many lecturers (although I can't assure if it's the case here) are on confortable social and financial positions on their local communities that they become blind to the issues most people are facing and struggling, because their personal lives are nearly to perfection considering their personal needs.

Therefore, any hypothesis of changes are immediately rejected by these individuals, since they could mean potential threats to their currently way of life.