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10Lun
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@HannahBaker Well, there are applications, but not in Germany. In Dubai you can sometimes pay with it and online too. Casinos etc. have been using crypto for a long time and it won't be long before it becomes mainstream.
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10Lun
@HannahBaker is a censorship-resistant, fair, decentralized, absolutely scarce money that can be sent without a third party not a sensible application?
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10Lun
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10Lun
@HannahBaker Define larger scale :)
There are already several hundred million Bitcoin holders worldwide.
I already know what you're probably getting at. Bitcoin is voluntary - unlike the euro, dollar and co.
Anyone can use Bitcoin for themselves, no one has to.
We here in the West are perhaps still a little too spoiled to recognize the benefits of Bitcoin.
Alex Gladstein, CEO of the Human Rights Foundation, has written a great book about this, "The Trojan Horse of Freedom".
If you are not aware of the "useful application" of Bitcoin, but would like to find out more, I would highly recommend this book :)
There are already several hundred million Bitcoin holders worldwide.
I already know what you're probably getting at. Bitcoin is voluntary - unlike the euro, dollar and co.
Anyone can use Bitcoin for themselves, no one has to.
We here in the West are perhaps still a little too spoiled to recognize the benefits of Bitcoin.
Alex Gladstein, CEO of the Human Rights Foundation, has written a great book about this, "The Trojan Horse of Freedom".
If you are not aware of the "useful application" of Bitcoin, but would like to find out more, I would highly recommend this book :)
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10Lun
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10Lun
@HannahBaker Bitcoin will initially establish itself as a store of value. Means of payment and unit of account will follow over time.
(see also my article on how Bitcoin can become money)
What I always fail to understand is what exactly people expect from Bitcoin... it's 15 years young. How do people think that a new type of non-governmental money should be developed by people for people within 15 years? I think Bitcoin has already come an incredibly long way anyway, when the world's largest economy is now openly talking about a strategic Bitcoin reserve
(see also my article on how Bitcoin can become money)
What I always fail to understand is what exactly people expect from Bitcoin... it's 15 years young. How do people think that a new type of non-governmental money should be developed by people for people within 15 years? I think Bitcoin has already come an incredibly long way anyway, when the world's largest economy is now openly talking about a strategic Bitcoin reserve
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