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8 sats \ 0 replies \ @bitcoincaragua 5 Aug 2023 \ on: 5,000 sats to the best Satoshi Nakamoto quote bitcoin
I’m sure that in 20 years there will either be very large transaction volume or no volume.
It will be? if fiduciary minds manage to manipulate value, making bitcoin unattractive for years and miners sell their machines, who would buy them?
I agree. And this becomes more dangerous as fiduciary minds understand this vulnerability by trying to confuse the understanding of their consumer slaves.
There will always be someone left to start over, that was always the logic of the great architect.
Following this reasoning, the global south will have more chances due to wind currents.
A decentralized currency provokes the wrath of centralized slave owners, to the point of prohibiting the circulation of bitcoin.
If today, which is still legal, nobody is interested in learning how to pay, whether out of greed or ignorance of how it works, what will it be like if it is banned?
Gresham's Law DOES NOT apply to #Bitcoin as it assumes that the currencies being compared are LEGAL currencies and not a free, competing and DECENTRALIZED currency!
Bitcoin without circulation and usability between people fostering the free market, will unfortunately be restricted to internet speculation magic money, while we will watch perplexed other networks tokenizing the fiat world.