121 sats \ 3 replies \ @kepford OP 30 Aug 2023 \ parent \ on: Does Bitcoin have any negative tradeoffs or is it just all positive? bitcoin
I don't see this as a tradeoff. People prefer electronic money on the whole. That is going to happen regardless of bitcoin. More and more my perspective is that we already have CBDCs. Its called the dollar. If you use the banks, wire transfers, Visa, or Apply Pay you will be using whatever the state decides to use. Bitcoin is the escape hatch.
It's still a tradeoff. You give up the ability to have that type of exchange by using Bitcoin. The question wasn't how significant the tradeoffs are.
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Fair
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Indeed. More people rejecting to use fiat in any form or shape, is closer to full adoption and freedom.
For more they still use fiat, they are sustaining it and also sustaining their own slavery.
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