Post
Topic
Board Economics
Re: Fix the money, Fix the world.
by
tabas
on 06/07/2023, 09:53:20 UTC
I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.
But this is not going to happen, we've seen countries banning bitcoin and disliking it. From our perspective, there's nothing wrong in adopting bitcoin wholly. While for those countries, they're seeing something bad on it so they wouldn't touch it and won't allow its people to get involved on it. With that, they can't be sure if how many of their people owns bitcoin secretly. This is not about dividing the rich and the poor but, this is all about embracing a new technology and monetary system that's no longer requiring the intervention of a government entity.
it is very hard to make bitcoin fully adopted in the whole world with any countries who ban it because we can not force all countries accept bitcoin since they have their own right to manage their own governance. some governments of countries prohibit to use bitcoin because they feel that bitcoin has many risks for their citizens and their on going national economy.
Hard yes but it's even harder before when the whole world don't have any optimism with Bitcoin. Right now, we're getting close or we're at least there where the world is trusting Bitcoin not just individuals that have been here but also financial institutions as big as BlackRock and other companies that has the same trust as them. We can't do anything with those countries that have already imposed a ban on Bitcoin, maybe sometime in the future that they'll alter that belief and will also join the bandwagon for accepting and allowing Bitcoin on their areas. But today, there's so much better things happening on it that we'd never expect to happen if you've been here for a long time already.