Why Bitcoin Matters for Freedom
http://time.com/5486673/bitcoin-venezuela-authoritarian/It has funny end.
Less than 1% of the worlds population no more than 40 million people have ever used Bitcoin. But, according to the Human Rights Foundation, more than 50% of the worlds population lives under an authoritarian regime. If we invest the time and resources to develop user-friendly wallets, more exchanges, and better educational materials for Bitcoin, it has the potential to make a real difference for the 4 billion people who cant trust their rulers or who cant access the banking system. For them, Bitcoin can be a way out.Truth is that all this 4 billions cant use Bitcoin. The other 4 billions can, these can only use Monero.
Not even a minuscule fraction of the 4 billion can use Bitcoin which is why I sold out of Bitcoin into Monero over 3 years ago. By the way Lighting Network will not solve this issue. Just read the LN paper
https://lightning.network/lightning-network-paper.pdf page 55 where they talk about 133 MB blocks under very optimistic assumptions just to open and close LN channels.
Wait wait... The people in the other 4 billion that can use BTC, can't? But they can use Monero...? I don't get it. Lol.