recently, i came across a video on YouTube
https://youtu.be/3Rnqst5qCgA where the creator was very optimistic about Bitcoin saving the world from POVERTY, HUNGER, GOVERNMENT, WAR, ECONOMIC CRISIS creating a UTOPIAN WORLD. he even went as far as predicting the year 2048 and 2109, how Bitcoin would be the only dominating currency in the world.
While we all share a belief in Bitcoin's potential it's crucial to strike a balance between optimism and realism. Placing Bitcoin as a sole savior in solving all the world's problems might not be a practical approach. We should all remember that Bitcoin at its core is a currency meant to serve as a decentralized medium of exchange. We should not bother it with unrealistic expectations.
we must also recognize that not all countries will readily embrace Bitcoin regardless of its undisputed qualities. Governments tend to have different perspectives on Bitcoin and some may be hesitant to change their existing views and regulations. The acceptance of Bitcoin on a global scale will likely be a gradual process spanning several decades to reach its full potential.
It won't. In fact, Bitcoin perpetuates inequality, same as any other currency. The whole premise of the blockchain gives the people with the most resources the ability to make more money and that by itself already makes Bitcoin a currency like any other. Those are societal problems and they cannot be solved using a new medium of exchange. Governments will never embrace Bitcoin as their sole currency, Bitcoin isn't backed by anything and is far too prone to market manipulation among other things.
The fact that it doesn't give the government the ability to enact economic policies nor impose capital control already makes it an inferior currency to them.