Without Bitcoin, monetary policy will always be somewhat centralized in the hands of a select few. However, Bitcoin allows for truly free monetary policy free of force or coercion. Why? Because unlike all other types of money before or after it is truly abstract, playing on a public defined set of rules.
No longer would a centralized power use Fiat for a currency it manipulates completely in the guise of monetary growth, or avoiding deflation. And it is clear to us here, that these manipulations whether in changing interest rates or infinite borrowing, always create the problem they were created to solve, playing in a vicious spiral of taking ineffective - or rather hurtful - action to solve a problem created by the printer itself.
Bitcoin is a freemarketeer's dream, and it is a hopefull person's dream too, giving power to the powerless. Fortunately for us, it's real.
Bitcoin the ultimate monetary superhero! No more shady manipulation or sneaky centralization. With Bitcoin, it's all about the public-defined rules and true financial freedom. It's like the hero Gotham City never knew it needed, fighting the vicious spiral of ineffective actions caused by the naughty printer. So, get ready for the freemarketeer's dream and the hope of the powerless, because Bitcoin is here to save the day! And no, it's not a bird or a plane—it's a decentralized cryptocurrency!
reply
All these sounds very nice and correct, but I have 2 questions for you:
  1. Will you use your BTC as collateral for loan of so called "stablecoins" to use them as money?
  2. Will you accept CBDC if your employer / clients will want to pay you with ?
What would you do with your BTC?
reply
What I meant was a world where BTC was money, which I understand might be far fetched, so no reason to take loans for stablecoins!
reply