Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin save us
by
MarjorieZimmermanGinger
on 04/10/2024, 04:31:31 UTC
With global markets headed towards an economic downturn once again, I'm reminded of why Bitcoin was created in the first place... centralized financial institutions cannot be trusted.
But as the fiat currencies like the dollar continue to deteriorate in value, it's becoming increasingly clear we need a real alternative.
A group of people believe that Bitcoin can provide a new direction for humanity in many of the problems that fiat has created, so Bitcoin was created to preserve value and for the freedom of people to determine their financial direction better. Bitcoin is a solution to the problems faced by fiat and we can use it as an alternative in any effort related to preserving value. Bitcoin is not a global solution to the economic downturn that is happening and it is not an accurate narrative because not all countries embrace the freedom to determine their financial direction in bitcoin in particular and there are still limitations.

It seems Bitcoin Core has embraced the digital gold narrative, which fails to achieve the original goal of P2P electronic cash. Do these developers really know better?
There are dozens of people using p2p payment methods at any given time during bitcoin's development, so what kind of failures are you referring to and the bitcoin network is still decentralized today.