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It is, but if we could distribute some currency globally and equitably that at least takes it one step towards being a real currency, at least in theory.
by Synaesthesia 3y ago
It is, but if we could distribute some currency globally and equitably that at least takes it one step towards being a real currency, at least in theory.
- FridgeSeal 3y agoSo what, we can have a larger base of people negatively impacted when it inevitably falls over?
- siwatanejo 3y agoBitcoin is the best bet at doing that. Otherwise, what's your better idea than bitcoin to distribute such a coin in such a way?
- deafpolygon 3y agoNo, because it is based on false scarcity. Ponzi schemes reward those who get into it early and rob money from those who join the scheme later. Bitcoin cannot exist as real currency unless it has some real concrete value backing it. That concrete value needs to exist in tangible form for it to be stable.