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> Do you know why the majority of those people don't have bank accounts? Because they have no fucking use for it! Everyone has use for a way to store their wea
by Quindecillion 5y ago
> Do you know why the majority of those people don't have bank accounts? Because they have no fucking use for it!
Everyone has use for a way to store their wealth, no matter how small. Economies that use money, in whatever form, are much more efficient than those based on barter.
> Do you know what 3.7 billion people don't have? Access to internet.
Yes, Bitcoin won't help people without access to the internet. There are still hundreds of millions (maybe billions?) of people that DO have access to the internet, but don't have a reliable way to store their wealth, either because of irresponsible governments or central banks.
You know what governments and central banks can do to the security and issuance of Bitcoin? Nothing. Absolutely nothing.
And that's very valuable to some people.
- Kbelicius 5y ago> Everyone has use for a way to store their wealth, no matter how small. Economies that use money, in whatever form, are much more efficient than those based on barter. Oh ffs, what are you talking about? Do you think that the poorest people on earth are poor because they choose not to deal with money? Will they store their blanket and cup on the blockchain? My god. > You know what governments and central banks can do to the security and issuance of Bitcoin? Nothing. Absolutely nothing. What is preventing a government from getting >51% of mining power and just wrecking havoc on the chain? Afraid of governments but can't think of the possibility of them taking over mining operations or just fucking up the internet to take it down. Is it wilful ignorance or naivety?