Quote from: mu_enrico on January 21, 2020, 12:01:36 PM

Quote from: d.kevin29 on January 21, 2020, 07:30:10 AM

Actually, it could solve some economic problems we're currently facing. The only reason it doesn't yet is because it's not only still in its infancy, but adapting to the way Bitcoin works is way harder than we believe. We obviously cannot see the difficulty of it because we already know how to use it & how it works (or at least a part of us, BTCTalk members), but you can clearly see it as soon as you try to tell somebody who has never been in this market before about Bitcoin.

No mate, in economics, if we talk about economic problems, it is related to scarcity because of limited resources.

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All societies face the economic problem, which is the problem of how to make the best use of limited, or scarce, resources. The economic problem exists because, although the needs and wants of people are endless, the resources available to satisfy needs and wants are limited.

https://www.economicsonline.co.uk/Competitive_markets/The_economic_problem.html

That said, using Bitcoin as money does not make resources magically become abundant.

Quote from: d.kevin29 on January 21, 2020, 07:30:10 AM

Bitcoin might not turn us into the financial freedom we deserve to live into, but the world is surely being changed by it as we speak.

Financial freedom itself is a meaningless jargon popularized by "scam" motivators or shills. The idea about a person that can buy anything without "thinking" or employ some "work" is impossible because of limited resources, as mentioned earlier.

But Bitcoin can level the playing field. A person in Indonesia could compete with a person in Europe for some artwork paid with Bitcoin.

Compared to fiat, bitcoin whales have little to no power over the price. They could pump or dump the price by a few thousand dollars but not too extreme unlike with fiat. Nevertheless, it's still sad to see that most people die of hunger and poverty while there are the 1% who controls basically the world now. Hoping that when bitcoin comes around it shows a much more desirable future for everyone.