Post
Topic
Board Bitcoin Discussion
Re: Bitcoin thrives on education and self-sovereignty
by
tadamichi
on 04/06/2022, 10:56:34 UTC
It's the most motivation speech I've seen for the last months Cheesy. You inspired me)
In my opinion we could not be able to reach the free monetary system neither without Bitcoin or with it because it doesn't depends on how many educated human beings believe in this thing or invest their money, it's just about how the things work. It will be impossible to change the way of economic by ourselves in the world without some huge country level changes. It seems for me like the governments aren't going to accept Bitcoin and include it as a part of an global economic system (at least in the possible future).

Thats the point, we dont need the government to accept bitcoin for it to work, even tho it would make things easier. There will be a point where the average person will be fed up with the current system and thats where bitcoin shines. The more people stand behing bitcoin, the harder it will be for them to ban it. And even if it was banned it will be resilient, the more people already hold their own keys and run their own nodes the harder it will be for a ban to have any effects, it could even be positive, because it forces us to use more decentralized services. We will be able to transact and use it, no matter what. When you run your own node you can make sure the rules that make bitcoin, bitcoin will be enforced. And no one in the world can do anything about it. Thats where the knowledge part comes into play, because the more educated bitcoiners we have, the easier it will be to withstand future attacks(And there will be many social attacks on the protocol and so on). Bitcoins game theory is just on point and i think it will play out the more good actors we have in it. And if countries refuse to take in bitcoin and keep this current broken system alive, then bitcoin will keep increasing in value and it will attract more and more people. So i think if we play our cards right, we can do it, theyre in the loosing position, not us, we just gotta withstand attacks now and keep it alive as best we can.