"The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust." - Satoshi Nakamoto

@Salyer his logic is good but bitcoin itself failed very badly during the recent depression. It actually lost its value 'faster' then fiat did because people cashed out there BTC for fiat and crypto did not hold value at all like it was theorized it would in times of financial crisis.

@Wetrix @Salyer

So far it's pretty well established that Bitcoin is good at _transferring_ wealth. As a _store_ of wealth, it still seems too volatile.

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@vandys @Salyer actually it's not even good at transferring. The rates are way too slow, to volatile and with no insurance.

It's a tech niche that a good idea came from. The block chain.

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