Conversation with a friend.

Friend: Crypto is dumb. It’s not backed by anything.

Me: Bitcoin is different than crypto and its existence has value.

Friend: Bitcoin is a pointless technology because the US government will never adopt it. It’s only a speculative instrument.

Me: It’s not pointless for the millions of unbanked people in developing nations. They use it to exchange in commerce and act as their own banks.

Friend: Yeah, maybe. (Quick subject change)

#sovereignty #bitcoin