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10 sats \ 3 replies \ @Zepasta 12 Nov 2023 freebie \ parent \ on: Is Bitcoin a fundamental change in the nature of money ? bitcoin
Granting equal rights, opportunities, and participation to all individuals, regardless of their social status, background, or beliefs. That's what they mean with "Democratization of access to money"
Bitcoin is neutral.
Everyone can use. Everyone is equal.
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5 sats \ 0 replies \ @Zepasta 12 Nov 2023
Democracy and democratization are not necessarly the same thing. In fact @0xbitcoiner didn't mention the word "democracy".
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0 sats \ 1 reply \ @DarthCoin 12 Nov 2023
Democratization means mob ruling, a group deciding for others, it doesn't mean equal rights. You better say "open access to money". But yeah, this word was inserted so deep into people's mind that now in their brain democracy = freedom = rights etc when in fact is not.
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0 sats \ 0 replies \ @Zepasta 12 Nov 2023 freebie
means mob ruling, a group deciding for others, it doesn't mean equal rights.
I understand and agree with you. It is true that our modern "democracy" results in the tyranny of the majority.
However, the definition of "democratization", as I mentioned earlier, still holds true, even if it may not fully realized in our present form of democracy.