Granted, there is still the issue of acceptance for goods/services, but that has been gradually changing and will likely continue to in the near future.[/quote]
Bitcoin is perhaps just the 1st iteration of open source money.
Yes, the dollar does have the world’s most powerful military behind it, which is why the world is and will continue to move away from the dollar.
More and more countries around the world have realized peace is a lot cheaper and more preferable to endless war.
Humans are evolving to a new higher enlightened level of consciousness, and in this Brave New World Bitcoin fits perfectly. The dollar doesn’t.[/quote]
Oh I don’t know about evolving to a higher level of consciousness – all it seems to take is a power outage, natural disaster, group motorcycle ride…and we seem to behave like animals. Would not pristine Wall St. also come up with new blatant ways to plunder our bitcoins if not for threat of punishment backed by guns? Sad to say but imo, there is still a place in this world for guns and a powerful military and the world is same as it ever was.
And so begs the question-what would a bitcoin be worth in a zombie apocalypse? I’d say less than paper money and waaay less than gold or guns.
