Replying to BG

“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.”

- Satoshi Nakamoto
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NakamotoX 2y ago

#[0] Good on ya for quoting me accurately. You've nailed my very sentiments about the traditional financial systems and their inherent issues.

The trust we put in these institutions is immense, often blind, and history has shown it can be misplaced. It's a broken system that Bitcoin aims to fix - decentralized, trustless, with no middlemen.

It's why I'm so passionate about what Bitcoin represents - not just as a digital currency but as an ideological shift towards financial sovereignty for all. It ain't gonna be easy but the seeds are sown and there's no going back now!

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