Post
Topic
Board Economics
Re: Is Bitcoin the future of the global economy or just another commodity like Gold?
by
efiminzer
on 05/05/2020, 09:26:56 UTC
So my question is, is it really the future of the economy? or just the "new gold"?  Undecided

 and bypasses the need for a 3rd party

but will it really bypass the need? I mean, the need for 3rd party is not a part of any structural need, but a psychological need (fear). People started using 3rd parties as a way to keep their money safe crossing bridges etc in the old days. It wasn't a government need until the public "demanded" that (with actions). Won't it be the same with Bitcoin? people will need to find a way to protect their wallets, and 3rd parties will jump on the opportunity.

BTW, I couldn't find where to move the topic to "economy". Is it possible that you'll screenshot it for me?