Why not simply have the entire world use the same currency, if it’s so similar? Why the need for local Central Banks?
Can you answer exactly why people wouldn’t just hold Bitcoin itself?
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Why would they prefer one money over another if each hold the same value?
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I've said this a lot but I really think the unseizability of cryptoassets are their most undervalued and underappreciated feature
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If government's stop seizing money this attribute becomes a mute point. Regardless value stable money in comparison with each other is value stable you can't add "But what if its valued less?"
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Unseizable, arbitrarily uninflatable under no circumstances, censorship resistant, no KYC, no AML, private, anynonynous, unlinkable, borderless, outside of state control. You are from the West, you don’t know what kind of censorship / capital controls / seizures exist elsewhere
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Listen. You gotta stop. Relationally value stable money is value stable. You are trying to imply central banks can't also print money on the value is bitcoin and they can't choose to offer features as well. It's silly.
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Why would you ever think that a monopoly on money supply is a good thing? Currencies should compete just like any other business or product
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Who are you directing that too?
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Anyone who thinks money supply should be only 1 authority’s centralized control
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I hold bitcoin. I can't use it as money however. It doesn't scale. To paraphrase Hal, it doesn't scale easily. It will never be as spendable as the dollar. But dollar quality can improve if it uses bitcoin as a universal value standard.
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