Before Bitcoin, you had 3 options for shrinking the State:
1. Use gold and silver
2. Use violence
3. Ask or vote
None work. Bitcoin is the first solution that’s practical, peaceful, and doesn’t require permission.
Before Bitcoin, you had 3 options for shrinking the State:
1. Use gold and silver
2. Use violence
3. Ask or vote
None work. Bitcoin is the first solution that’s practical, peaceful, and doesn’t require permission.
Then why has bitcoin not being use for daily transactions like we commonly used such as paper money?