Quote from: bitmover on Today at 06:37:37 PM

Quote from: cryptosize on Today at 05:14:47 PM

Yes, Satoshi wanted to create p2p cash, but at the same time, he also said that BTC is a "boring grey metal" (yes, Satoshi started the "digital gold narrative", not BTC maxis as BSV folks would like you to believe Wink

).

Interesting. Do you have references for this? Never saw this post of him

https://bitcointalk.org/index.php?topic=583.msg11405#msg11405

Quote from: BlackHatCoiner on Today at 06:34:18 PM

I was having this impression that in 2009, banks did charge a lot more than today, and the whitepaper made a lot more sense back then. You'll remember better. Did they?

Things were very different back in 2009:

1) Revolut/FinTech didn't exist.

You got charged for exchange rate fees.

2) SEPA cost €1 and took 2-3 days.

These days SEPA instant costs €0 and offers instant settlement.

Quote from: BlackHatCoiner on Today at 06:34:18 PM

The reason Greek merchants don't want to accept debit cards is to evade taxes, not transaction fees. Truth be told

Fees are not an issue, not only because they're low enough, but also CBDC will offer zero fees via ECB, so that excuse won't hold any water.

Hell, if you visit some FB groups you'll see an image of a €50 banknote where it tells you that it "vanishes" after a few transactions due to card fees.

Nobody will mention the fact that the exact same €50 banknote buys less and less stuff over time (covert robbery by ECB's inflation). €50 today has the same purchasing power of €100 back in 2020.

People are OK with inflation stealing their purchasing power (they cry all day about it, but they do nothing to save themselves) and very few of them are aware of CBDC's real dangers (carbon credits, social credit score).

Bitcoin (and physical gold for less tech-savvy people) is the only way they have to preserve their wealth.