Post
Topic
Board Bitcoin Discussion
Re: My Thoughts on Bitcoin Adoption - I Could Be Wrong, So Let's Discuss!
by
rat03gopoh
on 05/08/2023, 05:20:12 UTC
If I am a salvadorean that make money by recieving and offering service in BTC to tourist, should I keep the business to me or do I share my good luck to others?  I'm not blaming them; they have the right to act that way. But should we, as a community, try to promote more others new and small player to join the party?
My approach about new players joining the party is after knowing other people's wealth levels are growing with bitcoin, not financial conscience. I also wouldn't be a hypocrite if I did it in the first place, that's stupidity but a fact. So if you invite other people but you don't have a convincing preference, don't expect new players to come.

I think when the Fiat ecosystem was introduced, many people rejected and did not believe in fiat. You can imagine, gold was replaced with paper, it looks like nonsense. But after a long journey, everyone now believes in fiat and it has been adopted en masse.
Or did society adopt fiat because it was actually dictated by the authorities, which then slowly became the first monetary policy in modern civilization that every country must have a financial institution to make distinct fiat and must be used by its citizens as an economic benchmark?