Post
Topic
Board Politics & Society
Re: Decentralization things are awesome but in some country
by
Kelward
on 23/01/2024, 08:21:25 UTC
On a more serious note though, those use cases are real and specially useful on totalitarian countries.

Moreover, even in today's most free countries there still is money debasement and control over what people can buy.

Bitcoin enforces absolute scarcity, something unprecedented.



Bitcoin offers the holder privacy and freedom to carry out transactions without the involvement of centralized authorities, no third parties and no limitations, this is why many governments sees it's decentralization as a threat and they'll do everything possible not to see it work in their countries. But you can't keep a good thing under the carpet, so despite the challenges that Bitcoin has faced, being banned or it's usage having restrictions in these countries, the adoption keeps increasing because people are becoming more aware that it's a valuable asset to hold.