Bitcoin has it's shortcomings (and yes, the implementations have pyramid scheme feels) but your argument was laid out as a banker/politician would say.
who started the pyramid scheme with gold? Just because it's the current one should we make it the only and agree to live under it? and the dollar pyramid scheme? does that one feels good as well?
the current model will not lead to a zimbabwean dystopia, as long as the banks do not want to.
atrocious at storing value? what do you use for that? dollar? gold? traded company shares? please do say more how bitcoin is worse than those.
also, just like this post only bashes yours, your lacks any argument or reasoning as well besides the bashing. ;)
bottom line is, every and any large economic agreement is there for one reason. it's convenient for a lot of people and profitable for a group with decision power. This is just any other kind of revolution. One group moving out of the control of another group. and as with any revolution it will succeed if the rest is out of the convenience threshold.
with decent widespread implementation, i think bitcoin is a better way for ME. if it's better for you, no clue. but i will try to convince you that it is for the above reasons.
who started the pyramid scheme with gold? Just because it's the current one should we make it the only and agree to live under it? and the dollar pyramid scheme? does that one feels good as well?
the current model will not lead to a zimbabwean dystopia, as long as the banks do not want to.
atrocious at storing value? what do you use for that? dollar? gold? traded company shares? please do say more how bitcoin is worse than those.
also, just like this post only bashes yours, your lacks any argument or reasoning as well besides the bashing. ;)
bottom line is, every and any large economic agreement is there for one reason. it's convenient for a lot of people and profitable for a group with decision power. This is just any other kind of revolution. One group moving out of the control of another group. and as with any revolution it will succeed if the rest is out of the convenience threshold.
with decent widespread implementation, i think bitcoin is a better way for ME. if it's better for you, no clue. but i will try to convince you that it is for the above reasons.