Post
Topic
Board Bitcoin Discussion
Re: Does Bitcoin have any real value?
by
witcher_sense
on 28/02/2022, 07:09:53 UTC
I understand what you are saying but I don’t think it’ll ever be possible. Unfortunately the nations are ruled by these politicians and they won’t let anything become popular that has the power to expose them.
The number of people that support bitcoin is growing, bitcoin is getting more popular among the masses: politicians, wanting to be elected for one more term, need to take into account this fact. Corrupt politicians are protected by aggressive military forces, which, by the way, are being paid with fiat that has no real value. The army protects currency and ensures its value, but at the same time, it cannot guard the currency against natural forces such as supply and demand that rule the market. If the demand for a certain currency drops considerably, no one can protect it from plummeting. The army won't be happy about the fact that it is now being paid with the currency that quickly loses its value. The army will be looking for other sources of funding, for example, politicians who recognized and embraced bitcoin, in other words, bitcoiners who want protection and who offer a currency of real value that no one has control over.