My thinking is that Bitcoin is a secured bank account available for anyone in the world. Not only it embraces third countries to preserve their wealth, but the finite supply makes value go up over time incentiving people to hold long term. In that regard, why would anyone sell something that will appreciate over time for things that will lose value like better cars, better phones or fancy clothes? I mean, if we donβt really need them, we will consume less and our planet will benefit from this. If Bitcoin goes up in value on the long term as scheduled by its mathematic algorythm, it could be a way to get out of this endless growth capitalism non-sense that is polluting earth and making people more selfish. Happy to see your thoughts on this :)
EDIT : Some people mostly argue that a deflationnary economy will result in global unemployment and finally in more chaos and poverty arround the world. My thinking is that Bitcoin and other fixed supply crypto assets will encourage local economy, production for our primary needs and also social solidarity. Because of work transition from growth to solidarity, we will have plenty of work to educate children, take care of our elders and make our communities a better place to live for everyone. Bitcoin is inclusive! But this is not the typical jobs described in western capitalist cultures.
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