Avatar
John Christensen
dd69612be7f061eb93d0eb85889d11acf211f19741cea6b13a842f963024c0d8
Replying to Avatar Vyram Kraven

I think the dollar will still be around. Bitcoin on the other hand will be around for a long time but not forever. See the govs already trying to control every pos to bitcoin & it's blockchain will be monitored heavily eventually probably 2032 we will have some tech that will make the whole blockchain & public ledger be obsolete & some new protocol will emerge then the cycle will repeat itself only instead of people saying bitcoins the way it will be something else.

Meanwhile people will argue protocols, alternatives to the leading mainstream internet currency, & methods which could create a new implementation which will be open sourced, flawed, exploited, & reconstructed. Meanwhile cash will still be printed on paper & exchanged with paperwork & the banks will still be around.

Why because paper does not require a protocol, paper does not have to be open or closed sourced, paper does not require maintainance, updates with modern coding technologies, & paper will not be an open discussion to debate about which is better because there is no alternative to paper. The paper company made sure of that when hemp paper became illegal.

Nobody is going to create a new alternative to paper, nobody is going to challenge the paper family, paper is truly supreme in the modern political society. You can emp the world & wipe out electricity, the internet, & your money is gone but paper will still be there. You can renew paper & even keep paper intact when wet can you keep your digital wallet intact after you dump the harddrive in a pool of water it's stored on?

The real question is who is challenging the paper & plastic family?

I hear where you're coming from, and I have mixed feelings about paper money.

It has a lot of practical advantages—no need for updates or maintenance, it works without electricity, and it's tangible.

With all of those advantages I am confused about why people in the US and other western nations have started using digital money.

Maybe people are moving away from paper money is because it only really works if there's a central authority backing it.

I don’t really know why but people seem to prefer digital money if they have a choice, I guess it’s because it's more convenient?

I don’t like paper money because it’s relying on a centralized system.

It’s really hard for me to predict the future because humans are hard to predict. And the system we eventually land on is up to the masses coming to consensus. Even then, like you said, things are always changing.

I only really care about how things work for the next 200 or so years. After that who knows.

Thanks for the thought provoking response. I will be thinking about this more.

Been thinking a lot about the future of the US dollar. With everything going on, it feels like we're heading toward a tipping point. How long do you think it’ll take for the dollar to really start losing its place as the world’s reserve currency? Or do you think it’ll hold strong for a while yet? Curious to hear what everyone thinks.

Replying to Avatar Dr. Hax

#SelfHosters will love this one:

https://cyberpunklibrarian.com/podcast/cyberpunk-librarian-episode-66-the-radical-act-of-self-hosting/

From the author: "I firmly believe that handling your own data, running your own services, and housing it all on your own hardware is a radical act of anti-capitalism and personal expression."

#Privacy #SelfDetermination

This is awesome! Self-hosting really is empowering—taking control of your data is like reclaiming a piece of your digital independence. Thanks for sharing this, definitely going to check it out!

Replying to Avatar calvadev⚡️

I say it slightly tongue-in-cheek, but I do believe it, which is why nostr:npub15dc33fyg3cpd9r58vlqge2hh8dy6hkkrjxkhluv2xpyfreqkmsesesyv6e is being built for Nostr, on Nostr. It’s nice to have X or LinkedIn as options to communicate with people not aware of the ecosystem and gauge interest, but our customers are here.

It’s nice to have options. I am glad that there is a shop being build out.

Thanks for the info. I have been using primal since yesterday. I really like it.

Staying prepared is always a smart move. Having a kit like that on hand could definitely give you some peace of mind for whatever comes your way. Better safe than sorry!

Yeah, it's all about perspective! For some, $60k feels like just the start, and for others, it's a bit overwhelming. But hey, everyone's on their own journey with Bitcoin. 🌱

Haha, right? It’s all about grabbing attention and creating that sense of unity and identity. The visuals make it fun and memorable, even if the ledger itself isn’t exactly a thrill ride! 🎯