Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin(decentralization) the end for utopia?
by
Kryptowerk
on 16/06/2023, 12:49:11 UTC
Is Bitcoin the final form for humanity?
Decentralization has long been dreamed by all different social models, is there another step to be taken?
Can humanity (humans) learn to hang on and manage their finances?
Or is Bitcoin an experiment to show that we're not capable of managing our own belongings and do require central authority?

If I understand your question correctly, you wonder if the idea of Bitcoin may be doomed to fail, because humanity could continue to require centralized authorities.
I don't think that's the case. There is still a chance, decentralized solutions will fail. The reason being, those in control are not willing to give up their power.
The next years and decades will be full of turmoil, old-power-structures vs new-freedom-seeking individuals. Who will prevail I don't know. But one thing is for sure, we do not require central authority, especially in regards of sound money. Maybe there will be a long phase of transition, where some central authorities are inevitable. But at some point of technological and educational development they will become obsolete. Although Bitcoin's technology may be a century too early for that, yes.