Bitcoin Maximalists Want To Recreate The Same System
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The maximalists tell us Bitcoin will be the everything money in the future. How is this any different from what we have now? We have the USD which allows for massive power over the global community. Yet the maximalists want to recreate the same system with Bitcoin. But it is decentralized is the claim. While I will buy that mining is decentralized (although people make a valid argument against that), the token distribution will not be.
In this video I discuss how Wall Street is in the process of taking over Bitcoin. For this reason, we need to understand how a complex system cna form with a multitude of options. This is one of the reasons I am pondering what can be created on Hive to enable us to fill some menetary holes around the world.
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