I often fantasize about our future without central banking. I wonder about the implications though. Although many governments don't use the money properly, I do believe in central government and some level of socialist ideas.
I wonder if having central governments will be possible in a world where Bitcoin is the norm.
I wonder if having central governments will be possible in a world where Bitcoin is the norm.
"I often fantasize about our future without central banking."
This will not happen within our lifetimes. It simply just won't. Well, the odds are astronomical. See, most people who were raised on cash are always going to want it. Life won't make sense without it. The final Bitcoin will be mined in 2140 and I think this would be a perfect time to kill fiat for good.
