I don't agree with you
Bitcoin will never replace current fiat money as it is inherently flawed: price fluctuate too much, and favor early owner of it.
Bitcoin will never replace current fiat money as it is inherently flawed: price fluctuate too much, and favor early owner of it.
These aren't flaws, welcome to economics, man. Once bitcoin gains enough things will be priced in BTC, so fluctuation won't be an issue.
Deflationary economics benefit the savers, while inflationary economics benefit the spenders. Just because bitcoin's economic model isn't something you're used to or like doesn't mean it is 'inherently flawed'.
So you mean, like, people will not waste nature's resources for things they don't really need? Oh, what a tragedy!