I think Bitcoin cannot solve household debt and banking bailouts since it cannot influence the human aspects of what causes these problems!
Agree. Bitcoin isn't going to be curing poverty, war, or any other thing and I wish people would stop asking this question, because it's stupid. How is a form of money going to do any of that?
Yeah I guess its better not to spread false hope among our peers because as I understand, there are "societal problems" that cant be solved by technological solutions.
And yet ever since I've been a member of this forum I've seen threads like this one and many posts in which members argue that bitcoin is going to revolutionize third world countries and overall change the world. If any tool for doing those things could ever be created I would *think* that it wouldn't take over 10 years for it to kick in, would you?
Had their assumptions been correct, then we could have seen significant improvements towards those problems right now but I'm afraid that 10 years since inception, Bitcoin will not solve these so called "societal problems" per se. Imho.