Replying to Avatar Sovereign Matt

I think my issue with bitcoin maximalism is that they push the idea that bitcoin is inevitable and number go up is certain.

I understand the arguments for bitcoin very well. I am a big fan of Austrian economic thinking.

But nothing is certain or inevitable.

CBDCs could be rolled out tomorrow across the world and most people would blindly accept them in the event of some emergency. Just like how most people room the Covid vax.
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James A Lewis 2y ago 💬 1

I am just 🤏 this far away from maxi, and what keeps me from it is that I don't pretend to know what Bitcoin will do or if it might be painted in bad enough light that it doesn't get adopted by my culture.

Worst case for Bitcoin is a gold-backed currency that does away with the FED, and that wouldn't be a bad alternative. It just needs to be run by the states, not the federal gov't.

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Sovereign Matt 2y ago

Your worst case still seems pretty optimistic for me.