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@mykos
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I feel ya.. and i do agree in financially distressed economies .. in collapsing economies if the countries don't accept the dollar and many don't want to for good reason. Bitcoin is probably the only option and that is a use case for a particular area of the world.

Does the rest of the world want to bank on that for the future? Myself probably not because whether we accept the arguments against bitcoin or not.. I still feel its bitcoin like products and other cryptos that just can do it better.. i think i've seen several better governance models. So being in the west the needs are different. In the west a person with nothing can still live rather well.

Most western countries still have pretty strong social programs etc., The dollar and western currencies still occupy certain reserve values so as long as they can kick the can down the road they can keep playing a monopoly game. However i get that for you bitcoin is a significant use.

In china often times they let you leave but i hear you may be asked to leave without your money. So some may try to use bitcoin in that way. It's recently been banned i suppose. So i'll give bitcoin a point for that. I generally do point out that if you're in a collapsing economy you're probably going to take bitcoin.

You know what's funny though.You'd have thought a country like venezuela would just have went and accepted bitcoin and many others. I read this interesting article about the problems with bitcoin...its very old but i think some of the points still stand up

https://www.coindesk.com/venezuela-isnt-the-crypto-use-case-you-want-it-to-be

It points out that even in economically collapsing lands that the people who need bitcoin the most aren't able to use it. Some of it is due to identification restrictions..when they receive crypto the first thing they still do is liquidate it for some local currency. So it's starting to get better as some are accepting bitcoin your local kentucky fried chicken and all that. A bit off but i just thought it was relevant some way. I would still count that as a use case for that percentile of people. absolutely. So not knocking bitcoin as much as i'm trying to tell the entire story about bitcoin. We have to give respect to it being the start of blockchain in a significant way.. not the first attempt but the one that stuck. I personally feel at the end of teh day Satoshi or the legend of who he was.. would frown on this bitcoin or this version.. just my personal opinion.. however there is an ole saying i guess. " something is better than nothing"

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