It's basically a digital gold standard and the gold standard hasn't lead to an enlightened society either.
"Insanity is doing the same thing over and over again and expecting different results."
For me there are really only two alternatives. Negative interest on cash or competition among currencies (free banking). All those people shouting that Bitcoin should become the global reserve currency don't actually understand that a global reserve currency is a terrible idea and are only in it for the money.
"Insanity is doing the same thing over and over again and expecting different results."
For me there are really only two alternatives. Negative interest on cash or competition among currencies (free banking). All those people shouting that Bitcoin should become the global reserve currency don't actually understand that a global reserve currency is a terrible idea and are only in it for the money.