Post
Topic
Board Bitcoin Discussion
Re: People Overthink Potential of Bitcoin
by
Wexnident
on 10/02/2022, 09:56:37 UTC
People think that Bitcoin will free them from governments and corporations. This is not true at all. Will never happen. Governments and companies have had control or a say in all money systems since the beginning of time. Look at the  Roman Empire and the use of metals for currency
It's only to a certain extent, but it is possible. Plus, Bitcoin never did aim to completely replace the government, it was solely an alternative imo. I was never of the opinion that Bitcoin would, or should even try to replace the government, centralization was made in the first place because people wanted it after all. No matter how many Bitcoin enthusiasts want to replace Bitcoin, it'd never happen since in the first place, Bitcoin is a medium, it could never lead itself to replace the government(fiat).