Originally Posted by
francesco.decaro
Really? Nobody prints bitcoins out of thin air limitlessly and on command, for starters. You can actually own the bitcoins you have. And you can use them privately without a central authority surveilling you. The whole thing is decentralized through the use of nodes. Its value is driven by offer and demand, without any possible direct intervention from central banks.
There's going to be a transition period from fiat to Bitcoin, and it'll be caothic and risky.
But you have to imagine Bitcoin as the main technology of the future, over which a new financial system will exist. And with it everything else will change too. Business interactions, private contracts, financial services, even social media.
Once money is decentralized, private, and trustless, everything else has to be as well.
Bit of a distant fantasy at the moment, as we are only at the initial stages of its development, but it is possible. The fiat experiment will not last long, hopefully.