Current crypto community is a echo chamber and you know it. We are still little guys acting like we're going to take over the world.
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Right now, I think that the promise of Bitcoin is being seriously degraded by the goldbug irrationality and the cultic behaviour. If you really want Bitcoin to replace the current system, ditch the cranks.
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Since there is so few of us, we need it to be cult-like, overconfident and overzealous to get onlookers in. But I genuinely think that Bitcoin is mathematically superior money.
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You won't achieve mass adoption by behaving like a cult. You might make a few converts, but you'll put off everyone else. Don't fool yourself that those buying Bitcoin to make a few $$$ are converts. They are profiteers, not true believers.
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Many start off as profiteers, but as you learn more about the technology, you stay for it’s potential to create a world of self-sovereign individuals whose wealth cannot be arbitrarily debased by another human. I am 100% confident digital currency is the future of the world.
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You need to find the people who are Long-Term Greedy, as they're the people who have a vested interest in making everyone prosperous. If no-one has any money, then how can they buy your products...?
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they will have money because they will demand their employers pay them in Bitcoin.
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That's if they are working for other people, and not using the infrastructure that they can build for themselves.
#ResilientTechnology The infrastructural basis for a#UBI already exists. :D -
The self-employed and entrepreneurs will also demand BTC for the products and services that they provide.
End of conversation
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You have already answered your own question: because the state *forces* you to use fiat. Maybe you don't like being coerced, but that's just tough luck for you.
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I don’t believe force is the answer. I believe free market competition among money-products is superior to state force.
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Belief has nothing to do with it. Try not paying your taxes or fines for a while, see how you get on. Force works quite well when I comes to getting people to accept your money.
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it is also how money has been created throughout history, including under gold standards. In fact gold standards have generally been more coercive than fiat systems, probably because state power is usually stronger under gold standards.
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These are totalitarian, invasive ideas. I believe exchange, commerce and cooperation should be voluntary.
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This (the force of the state) is just a description of how most money works today and has worked throughout most of known history. Whether one finds this morally acceptable or not is an entirely different discussion.
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Yes, and technology is attempting to offer a voluntary-based, more open, freer, less restrictive alternative to "force of the state" and "what has worked throughout most of known history"... Isn't it obvious?
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Doomed to fail.
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