Really compelled by Ammous‘ arguments for the inevitable backing of currencies by Bitcoin.
I still have one big question however:
Why using Bitcoin over Gold? I‘m not really asking in terms of what would be better for the human race but more in terms of likelihood. Why wouldn’t governments and central banks if pressured enough just go back to a gold standard? Because if they did, i fear for the future of Bitcoin.
I for one am all on the idea of a bitcoin backed economy. This could be the end of so much war and suffering in the world. Such a grand idea…
Anyways, give me your best takes!
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