What impact will #Bitcoin have had on the world in 20 years?
Non obvious answers only…
Discussion
Cheap energy, when the mining period ends every house will have a node generating heat to keep the house warm and being monetized at the same time
Do you think it scales from consumers all the way to power producers? Anywhere there is energy expenditure there is mining?
It’s possible, with bitcoin people and companies will be searching for spot opportunities to turn wasted energy into real money. The great thing with that is, we will be able to see only the real energy sources thriving, no more government inducing everyone to produce batteries or any other type of energy just because they want to
Totally agree, really wonder what the world would look like without government subsidies handcuffing industries from innovating and progressing naturally.
I’m hoping Bitcoin ends exchange rate arbitrage. Would make world economies work so much better and would free tens of millions.
One fiat currency at a time, I’d bet it’d free billions
It’s my greatest long-term hope for Bitcoin. All of the wage slaves being captured by strong fiat + credit living in jurisdictions with weak fiat would end up free to pursue organic value creation and localism instead. I hope I live to see this day.