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Exactly: it’s not a panacea. But it doesn’t need to be. Being far better than the fiat scam is enough to change everything.
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Exactly: it’s not a panacea. But it doesn’t need to be. Being far better than the fiat scam is enough to change everything.
Bitcoin isn't a panacea.
It's just the least bad, least unfair form of money.
Most rich families blow it all within a few generations.
They are replaced by hard working aspirants from below, whose descendents in turn will grow grow lazy and weak from privilege. Circle of life.
Essay raises valid concerns but is also a bit of a concern troll.