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0 sats \ 5 replies \ @Fabs OP 5 Jan 2024 \ parent \ on: Imagine Bitcoin as THE monetary medium... Ask_SN
Could you provide a few examples?
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Crime. Why do most people steal? Because they want something that they can't afford. What does Bitcoin do to costs? It makes things cheaper.
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It forces people to work and give effort if they want to make a living instead of living off of other people (Medicaid, food stamps, etc), thereby making society more productive and efficient overall.
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Reduces all forms of red tape by minimizing or eliminating government. Great for companies and great for people building for themselves.
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If a government exists at all, it makes that government more efficient because it actually has to provide services that people want for it to continue existing.
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It liberates those that would have been imprisoned otherwise for things that did not harm another person, their property, or their rights.
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It may increase charity as those who are most willing to give typically can afford to lose what they give.
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It rewards those that create and give real value instead of potentially being subsidized.
I could go on and on.