2 ms·
Its not only a bug its a non-starter. This is the same reason why fiat currencies even exist, if a government and its massive defence infrastructure didn't exis
by kamaal 9y ago
Its not only a bug its a non-starter. This is the same reason why fiat currencies even exist, if a government and its massive defence infrastructure didn't exist to force a fiat currency on its people. Every few years the 99% will call it quits and start a new currency, turning the worth of the entire wealth held by the 1% to 0.
The same thing will happen to Bitcoin eventually. Most of the world won't understand why they are supposed to start poor just because they joined in late. They will spawn local cyrptocurrencies across the world in their local countries, making it very hard for the existing players to watch their advantage go to dust.
How that would go is for any ones guess.