Quote from: tadamichi on Today at 01:36:46 PM

Quote from: sbrys on Today at 12:59:48 PM

Quote from: tadamichi on Today at 12:52:50 PM

The government won’t be out, they still have a monopoly on force and laws, but they lost their monopoly over money. Maybe they would even start to shift course and appreciate the properties Bitcoin offers to the people, and use it as a superior tool of finance and maybe even start contributing to it’s security etc.

Nice one

But they will also need money for that 😊

So? They own many assets like gold, land, real estate, pension funds, some stocks, some companies etc. And can always give out their own currency with forced value attached to it. And will probably start owning Bitcoin or other assets themselves. Taking down a state isn’t possible that easily.

Quote from: sbrys on Today at 01:06:37 PM

But if we are all convinced we will always need a centralized authority collecting taxes and therefore deciding for us (partially) why do we need Bitcoin ?

It would be weird to only need the decentralization for payments

Not just for payments, Bitcoin is money. If you don’t ask yourself why do we need better money, then maybe you don’t understand how the current monetary system is putting you at a disadvantage and making you poorer than you would have otherwise been. And is making entire financial systems fragile. That is what Bitcoin is here to fix, the only money that doesn’t require trust to work as the trust based money model always failed and will always fail.

And one addition, in the hypothetical case that so many people are pro Bitcoin that they would try to defund the state, if the state is against it. All it takes for the state is to appreciate Bitcoin and make it legalized to keep their power, it doesn’t even take force. So a scenario where a state would fall is highly unlikely.

I have a master in Economics but indeed I sometlmes wonder why we need Bitcoin. I literally have zero day to day issues with payments and Im a frequent ebayer/investor all over the world. Fast payment options virtually at no cost. Inflation is an issue of all times and you need to longterm invest to hedge against this.

It could be its different in other areas of the world but for me I dont have any issues. I see the argument a lot so it must be the case in other regions

Do you have any practical examples of current issues for you as a buyer/seller ?