I have been studying Bitcoin for a few months, and the problem stems from scalability and energy consumption, while the latter is not an issue because proof of work ensures nothing is created out of thin air!
Furthermore, the problem of scalability was an advantage until today to show how the community can work together for their own trust in relation to the trust centralized authority that you and I had to ask;
šŸ­.How is it important to be able to buy or trade things without having to ask a strict ruler for permission?
šŸ®. Why does it matter to be able to agree on things in a way that's fair, honest, and everyone can see?
šŸÆ.Why is it good to have money that isn't controlled by just a few powerful people who might use it to help themselves and their friends?
šŸ°. Why is it better to check for yourself that your money is safe, instead of just trusting someone else?
šŸ±. Why is it important to have money that no one can block or stop you from using?
šŸ². Why does it matter to work together on projects that everyone can see and help with?
šŸ³. Or to make sure that once something is done, it can't be changed?
We can still use a "lightning network" to solve the "problem" even if the answers to all of these questions compromise scalability for our benefit.
As a result, I conclude that Bitcoin's problem is an advantage in terms of financial freedom!
To me, "š—±š—²š—°š—²š—»š˜š—暝—®š—¹š—¶š˜‡š—®š˜š—¶š—¼š—» š—¶š˜€ š—暝—²š˜€š—½š—¼š—»š˜€š—¶š—Æš—¹š—¶š˜š˜†. "
Why? First of all survival of the human species, then next so that freedom and sanity will remain within it...
Yes, the fiat end game is that destructive, partly because of technology, partly because of a century or more rigging and manipulating everything from economies to culture!
reply