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50 sats \ 1 reply \ @guyfawkes 13 Oct 2022 \ on: Should the power to create money go back to the government? bitcoin
'... they would be held accountable ...'
By whom?
The voting public where every person gets an equal say regardless of whether they are a taxpayer or welfare recipient?
All fiat currencies go to zero in all of human history. It's because we are all fallible.
Bitcoin will succeed as the global currency when the productive class utilises it. That will be when they realise they have no other choice. That way every sat becomes a vote, not a piece of paper with a list of sophists to select from.
The future is bright.
I agree, but the documentary shows a different perspective, basically saying the current system sucks ass and it can't be worse. If something is worse than fiat, is fiat created through debt is the argument
Of course with Bitcoin we have an EVEN better choice (IMO). Noone in their wildest dreams could imagine that Bitcoin could be remotely possible 10 or 30 years back. Really, the achievement is unbelievable.
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