Quote from: qwk on February 03, 2019, 05:41:24 PM

Quote from: throwawayman on February 03, 2019, 05:23:24 PM

So first: why are the banks/fiat bad?
Second: How does Bitcoin fix this?
Third: What would make the average consumer care?

1. they aren't.
2. it doesn't.
3. he wouldn't.

you are a long standing member of this "decentralisation community" qwk from you i would have expected a better answer, then this.

but i clarify

Quote from: throwawayman on February 03, 2019, 05:23:24 PM

So first: why are the banks/fiat bad?

1. Fiats or the better term that i use "communal currencies" are complicated and expensive in its transactions and risky in its transaction (money transports, banking institutions, transcontinental transactions, time and cost intensive)
2. the established riskaverse banks, systematically enrich and support the established rich and for that they scam the poor, an open financial market equalises opportunities, and chances, for rich and poor again.
additionally the banks are causing economic crisis, with their attitute towards money, economy and power. which is extremely damaging for enterpreneuers who get more and more difficulties, to get regulariy contracts for their goods and services.

Quote from: throwawayman on February 03, 2019, 05:23:24 PM

Second: How does Bitcoin fix this?

bitcoin is model of a currency/asset that is

1. outside of the banking cartels grip (open financial market)
2. is digital cheaper and saver to transact.

bitcoin is not the final and ultimate solution like the profitmaximising bitcoincentrists/maximalist (agendadriven) want to make everyone to believe, and neither is their created corrupt cryptocurrency index, which the bitcoin founders try to use to enslave the whole world.

Quote from: throwawayman on February 03, 2019, 05:23:24 PM

Third: What would make the average consumer care?

the average consumer is also an employee that needs to earn his access to consumption capacieties,
and for that he needs a reliable demand for his work, and being payed for it.
the banking cartels with their trust crisis, will either resolve into old fashioned communism (to keep people working for money) or will start to cause economic volatility and even more security for those average consumers when it comes to earning money, they this way cant obtain purchasing power which they need to thrive and survive.

oh and they could also continue their neofeudal agenda of continously enriching the rich.

so the alternatives to an open financial market via crypto are:

1. neofeudal system, through the established rich billionaires
2. communist system through current banking cartel
3. open financial market that is not digital and global
4. undefined, unsecure and difficult to understand cashless society.

the old legendary members of this forum aren't usually big thinkers outside of their IT coding sphere, or they simply are to afraid to mention those issues.
regards