Traditional currencies are struggling to fulfill their roles effectively. Intended to act as mediums of exchange, units of account, and stores of value, these traditional forms of money falter, especially in preserving purchasing power amidst inflation and prevailing monetary policies.
Upon all the qualities that have been seen with the traditional currencies in the past, we cannot compare that with what bitcoin has come to give to mankind, there is nothing as having ones freedom, this is the liberty everyone would have love to have with fiat over time but all efforts seems abortive because of the governing authorities regulating the use of fiat in the economy, while bitcoin came and shine the light, within it few years of existence, it has achieved beyond expectations.
Its not just about enhancing Bitcoins functionality but about rethinking what money can be in the digital age. Let's consider how we can make digital currencies like Bitcoin more relevant and practical for everyday transactions.
Its now left to us as our choice in choosing whether we want to have our financial economy dependent of the centralized commercial banking system of government or we want to embrace and adopt a decentralized digital currency with bitcoin.