Daniel Wigton on Nostr: These are good arguments, but the wrong thesis. While supporting BitCoin maybe ...
These are good arguments, but the wrong thesis. While supporting BitCoin maybe prudent under the current circumstances there is nothing to suggest a "should". I understand it is meant to be a persuasive argument rather a moral imperative, but BitCoin is far from perfect and as such people of good will should have interoperable options.
If BitCoin were to become a standard powerful players such as governments could buy up large amounts giving them control over money supply. True they loose the ability to print more but they can still influence prices over short time-scales.
I would prefer a system where there are a handful of options and people have the tools to exchange between themselves without intermediaries.
Published at
2024-06-23 21:24:18Event JSON
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