This coming week we're recording Bitcoin Basics Episode #10 w/ nostr:npub1tm2048gau5mp8u5kfnxk68y7wzzpv5ggpuluqmhlhrtaldl49kzs7elpna & nostr:npub1jqckepsld3xn98aeq7yg72g0yrqkz92vegkv6k3prfhkzu356v5qa6akee

Topic: How Bitcoin Could Fail

Shill us some resources you've come across that present solid challenges or counterarguments to the #Bitcoin thesis.

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Discussion

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash. Most Bitcoin transactions will occur between banks, to settle net transfers. Bitcoin transactions by private individuals will be as rare as... well, as Bitcoin based purchases are today.' -- Hal Finney: https://bitcointalk.org/index.php?topic=2500.msg34211#msg34211

i think it might be paper bitcoin like the etf‘s slowing down actual adoption