Quote from: South Park on December 27, 2023, 10:04:02 PM

Quote from: legiteum on December 26, 2023, 09:20:30 PM

Quote from: mano jacas on December 26, 2023, 08:07:38 PM

Your viewpoint aligns with the ideological foundations of Bitcoin as a decentralized, borderless, and censorship-resistant currency, promoting the idea of financial inclusivity and self-sovereignty.

Wouldn't physical cash be more censorship-resistant since Bitcoin has a public ledger that allows authorities to potentially trace transactions?

Cash without a doubt holds some advantages over bitcoin, however cash is controlled by governments or central banks and it can be printed in massive quantities, there is also a war on cash by the governments and it will not be long until cash disappears and only digital money remains, there are limits to the amount of cash you can move when traveling to a different country, even moving huge amounts of cash a short distance is a problem as now you need to secure it in ways a form of money like bitcoin does not need, so as you can see the advantages bitcoin has over cash are also quite important.

In my opinion, in principle there is no such thing as absolute right or wrong. Of course everything has its pluses and minuses, the fiat money system is sometimes good but I'm sure it can't be sustainable in the long term, it's the same without leverage. So in conclusion, what happens happens.

But I'm sure in the future, I don't know when that will happen. crypto will remain crypto. Will be used for large-scale buying and selling. But it's different from Fiat. So what happens in the future? Physical money will disappear and can no longer be used because it is a hassle. Same story with the disappearance of the Barter system. Bitcoin will be paired with Gold for buying and selling. Ultimately, we thank the Fed, as their tenure in the world economy has come to an end.