The Truth About Cryptocurrencies: A Clearheaded Guide to the Crypto World
(www.expensivity.com)
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You can't switch to a currency 90% already distributed amongst 1 percent of the population. That's how slave planets are made....
Let the market decide
So basically let WHO controls the markets decide...
They already manipulate the gold price this way, why don't we just tell them to fuck off? why do we value money in worthless dollars?
When I say market - I don't mean this hodgeypodgey fiat financial system. It's being regulated into smithereens. Who benefits from that? Stop the nonsense.
1% owns 90% of Bitcoin is an exaggeration.
Sauce:
No, Bitcoin Ownership is not Highly Concentrated – But Whales are Accumulating
https://insights.glassnode.com/bitcoin-supply-distribution/
Bitcoin is better distributed than fiat
That's a complete lie. I am a huge crypto advocate but BTC is more centralized than USD by a significant margin.
Sauce?
That's a complete lie, tell me any way I can use dollars without middleman, because with crypto I sure can tell the middleman to fuck off and still have full access to all the features you'd expect from digital money.
That article talks about accounts. Not populations. Huiuge distinction.
Tell that to the British empire before and after WWII
Yeah, but think of the upvotes!!!
Right. We need priorities.