Seeing all the uneducated bitcoin takes really brings a tear to my eye. Just remember that any narrative can be It’s all fun games til somebody’s grandmother gets pregnant shirt via omission of information. At the end of the day you must DYOR. Nobody can articulate the need for true decentralization because currently there is no real threat posed by the current model. However, it’s no wonder the use and adoption of cryptoassets is surging to all time highs in authoritarian and oppressed nations. Right now a luxury, soon to be a necessity.Crypto has massively empowered North Korea, Iran, and China lol. The governments use it to get around economic sanctions. Not the best argument in it’s favor, if anything it’s a good argument for banning crypto.
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Oppressed people use bitcoin because it doesn’t allow for the government to print it’s money supply away. Saying It’s all fun games til somebody’s grandmother gets pregnant shirt benefits no one is a spit in the face to countries with oppressive governments. Shame on youI think this question has been done already, the problem is we still don’t have the numbers for traditional bank while what is related to cryptocurrency is already available, there’s no way to make a comparison without enough data. Btw, I’m not against cryptocurrency, don’t lose your mind.How much energy does the US petrol dollar consume? It is the reason we don’t have clean energy in the US, and therefore the world.If petrol didn’t prop up the US dollar for 60 years we wouldn’t have faced anywhere near this amount of corruption on the way to a sustainable energy future.
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