Post
Topic
Board Bitcoin Discussion
Re: Does bitcoin hold the answer to the many challenges of fiat currency?
by
squatter
on 15/12/2018, 06:36:49 UTC
i somewhat agree with @magneto. the problems that OP mentioned are the small and secondary things that bitcoin can solve. the main feature of bitcoin is that decentralization that it has and all the benefits that come from it.

The OP mentions "loss of value due to inflationary pressures" and I think most Bitcoin users consider that very important. I think Bitcoin's predictably scarce supply is integral to its use as sound money. While the primary objective of Bitcoin was to remove third parties from financial transactions, Satoshi made very clear that built-in scarcity was an important part of the economic design.