Submitted by Aquillyne t3_zxaezl in Futurology
Aquillyne OP t1_j20mi6b wrote
Reply to comment by Shibenaut in Crypto and blockchain are not the technology of the future – prove me wrong. by Aquillyne
Freedom is another one of those abstract advantages that will never trump the real advantage of safety. Yes you are free and that’s a principle you can enjoy. Zero recourse when something goes wrong: that’s a reality people will detest. Which will be the more powerful force? I argue that the freedom you mention will never trump the safety of centralised fiat (and other related benefits) for the average person.
Revenant690 t1_j217zw3 wrote
Safety to lose 10% of your buying power per year due to the constant devaluation of the currency by the issuer
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