Yeah if you are not Jason Bourne or Rambo, it helps that the government knows where you are and who you are.
There maybe around 21 million bitcoin in circulation. It can't be a global currency for 7 billion people unless each bitcoin be split into smaller unit. This is another way of debasing bitcoin. Alternatively, just have more type of crypto which is already happening now.
BTC has a limited supply and is expected to stabilize as that limit is reached. I admit, I know nothing about monetary mechanisms and policies. I like blockchain tech primarily from a logistics and supply chain angle where I can see clear optimizations.
If given enough power, human can do crazy things. In the past, Alexander the Great just kept conquering in his quest to build his empire. Any wrong with that ? There was no smartphone to capture his actions back then. I am sure we will be horrified by his actions.
I meant crypto as a collective asset, not just one crypto. Any particular coin can be easily replaced by another and BTC is no exception.
Yes, but that's not how history is read. Alexandre was but one of many who conquered the world and its riches. The history of nation building is one of slaughter to the top job, and still is in some parts of the world. Modern Europe is a model of intellectual recognition that wars are barbaric and we ought to resolve our disputes in other ways. Uniting formerly waring nations, replace national currencies and allowing a supra government to legislate for all is an incredible model that has shown remarkable resiliency despite the successes of right wing nationalists.
Yes it is. Since Bitcoin is an established crypto everyone knows as a 'Store of value'. It's digital gold.
And we didn't know at the time that it's actually part of the next movie. It's amazing they could spin FIVE movies out of the franchise.
No but Bitcoin might be. Using the metal analogy, ETH might be like silver. Others can be considered to be like base metals, in that they have some value. Copper clearly has value but you probably wouldn't use it as a SoV. Obviously some coins are just worthless shit (metal colored plastic).