Barrier to entry due to technology is already lowering all the time ppl in Nigeria are sending bitcoin over sms services

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Other currency could still exist bitcoin will just be the superior asset

It’s the opposite of socialism what part of it is socialism?

I was thinking along these lines:

Socialism is a political philosophy and movement encompassing a range of economic and social systems,[1] which are characterised by social ownership of the means of production,[2][3][4] as opposed to private ownership.

and yes putting wiki here as i cant easily type out of my early 1990s oxford english dictionary. :)

I know what socialism is I asked how bitcoin is socialist, if anything it’s more anarchy, agorism or libertarian. Decentralization is antithetical to socialism.

Socialists hate Bitcoin lol

Using custodial services, defeating the entire point. Same with El Salvador.