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Kick-starting #Bitcoin #SkepticismSundays 😎

One of the things that showed me the intellectual honesty of the Monero community and helped to force the community to stay grounded in reality and always laser focused on their core ethos was their weekly "Skepticism Sunday" Reddit threads. These threads allowed the community to come together, ask hard and skeptical questions about the design of Monero, the privacy provided, the economic approach, and much more.

In my time in Bitcoin I've never seen anything similar, but the nuanced and high-signal crowd on Nostr seems like a perfect fit to fire things up and see how it goes.

The goal of this thread (which I'll post weekly on Sunday's) is for discussing the uncertainties, shortcomings, and concerns some may have about Bitcoin.

NOT the positive aspects of it.

Discussing things with a critical thinking approach and level-headed discussion helps us learn where Bitcoin and it's community can improve and go from there.

I know this is late on Sunday, will post earlier next week but would love to hear y'all's thoughts on the concept or skepticism 🙂

Trey Walsh 2y ago

Wealth concentration with bitcoin hodlers. Will the average person actually benefit from bitcoin?

…I think yea, but still I’m a bit worried about what this could look like should bitcoin really take off

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Discussion

plebeian ewok 2y ago

Average people will definitely benefit from bitcoin even if they don’t catch any of the adoption run up just because it’s fair money. Without a money printer, one major basis of wealth inequality evaporates, but the initial distribution (were already there with 90% mined) will have lasting influence for some generations for sure

Seth For Privacy 2y ago

One of the reasons getting past "hodl" and get to actually building circular economies is so important.

When we have free-flowing circular (and parallel) economies, Bitcoin quickly disseminates throughout the free economy without a cantillion effect, producing a much more free system where value is properly rewarded.

If we actually use our Bitcoin and reward those creating value, we'll not only onboard more Bitcoiners, we'll spread Bitcoin through a broad base instead of just concentrating it in the hands of a few!