Can we really fix the money @bitcoin

[yhiaali3]

There is indeed something wrong with the current monetary system, but there are many problems that prevent Bitcoin from being the solution to the problem of the monetary system, such as high fees and delays during congestion. This makes it almost impossible for Bitcoin in its current state to be a global payment network. Because the network is simply unable to accommodate millions of daily transactions worldwide (if global adoption occurs).

Even if Bitcoin were the solution, governments would not allow it, due to the large fluctuations in the price and also because Bitcoin is decentralized, and this does not suit governments that want centralization and control and cannot allow this.

[passwordnow]

I don't think that I'd wear that t-shirt in the public.  
I don't wanna be seen by people as someone who's into Bitcoin, I'd go with the safety first to avoid wrench attacks.
We're on this era where everything is trying to get fixed and for sure with the finite supply of Bitcoin, it's more of the side of an asset than as a money. But nothing stops that purpose as it was originally made for that. So, there's no argument with that as a money and the difference of fiat to Bitcoin is that, BTC is for the people.

Whilst fiat money, is for the government.

[Alpha Marine]

That is the point, no? I don't think anything is wrong necessarily with our current money system however people have preferences and they might prefer using fiat or crypto. The only thing I can think of that crypto can 'fix' is people's economic situation. Here is me hoping that crypto makes all of us richer.

Having a preference is not the issue, the issue is, that there's something wrong with our money system. The system is built so the government owns and country you. Then there is the issue of too much inflation. Maybe you may not experience inflation in your country and devaluation of your currency, but in my country, the currency keeps getting worse yearly, so even if we can't totally avoid inflation, with Bitcoin, your savings would still have value.

That being said, I don't agree Bitcoin can fix our money problem. Bitcoin is not legal tender, so it can only be an alternative currency so people who believe there's is something wrong with fiat can use it and people who don't have issues with it not use it.

[Spaceman1000$]

[lett][/left]

I thought I should drop this quick question here:

And that's the message on the t-shirt in the image, well I don't know but I feel it would be nice to here some forum members thought how possible is this that maybe someday if not today that Bitcoin can actually be the solution to fixing the money, that's if you deem it fit to conclude that there is something actually wrong the monetary system 😁.

Image source: Bitcoin magazine @ X.COM

As for the inscriptions on the shirt, It not late to still explore the Sea, there are still some islands yet to be discovered, a lot of discoveries are yet to be made on the Ocean floor, so it better late than never.
Same thing goes for the outer space, astronauts are on a daily basis discovering new inventories on each planet, however if he feels the need to discover something new, he should get ready to join the next NASA team going out of space. Meanwhile let's look at the crux of the matter, the money problem of the world can be fixed with bitcoin to a large extent, the reason is bitcoin doesn't give in to inflation, as your investment grows with a certain percentage of interest over time, unlike the fiat we deposit with the bank, so if it can be made a legal tender in most countries of the world, then to a large extent the money problem will be fixed to a reasonable point.

[Felicity_Tide]

And that's the message on the t-shirt in the image, well I don't know but I feel it would be nice to here some forum members thought how possible is this that maybe someday if not today that Bitcoin can actually be the solution to fixing the money, that's if you deem it fit to conclude that there is something actually wrong the monetary system 😁.

The very first day I saw this image, I took my time to process it's meaning, and here is what I could come up with.

For the sea exploration, there are literally lots of discoveries that have been made, though there are certain regions that can't be reached due to high pressure and others things that the government might want to hide as they see them as confidential. But the discovery on seas should be more than outer space.

For Star exploration, several discovery are yet to be made due to distance and other factors. With the further advancement in technology, these discoveries would be possible.

For Bitcoin : The government has literally been the center of focus in our monetary system. Whatever they do such as excess printing of money happens behind the scene, and the effects are felt by the hardworking citizens. All this is still happening till today, but luckily for us, Bitcoin is here to put an end to their manipulation. Unlike fiats that the government can print, Bitcoin has a fixed supply. and a certain amount released into circulation every period. There are lots more to discuss about this, and I am proud to be from this era.

[Dunamisx]

well I don't know but I feel it would be nice to here some forum members thought how possible is this that maybe someday if not today that Bitcoin can actually be the solution to fixing the money, that's if you deem it fit to conclude that there is something actually wrong the monetary system

Bitcoin already is a solution to fixing many of the problems on ground and ahead, this is why we could realized a continuous growth and increase in the numbers of its adoption, This is only also applicable to those that see bitcoin in such manner and make use of it in many applicable aspects of their financial economy, things have been quite long going as unexpected with the financial system before the people finds hope with the use of bitcoin in a decentralized way, which is now a preferred financial solution from using fiat.

[Casdinyard]

[lett][/left]

I thought I should drop this quick question here:

And that's the message on the t-shirt in the image, well I don't know but I feel it would be nice to here some forum members thought how possible is this that maybe someday if not today that Bitcoin can actually be the solution to fixing the money, that's if you deem it fit to conclude that there is something actually wrong the monetary system 😁.

Image source: Bitcoin magazine @ X.COM

You're putting a lot of unnecessary pressure upon yourself and bitcoin by thinking it's the very thing that will "save the concept of money" or that "it will revolutionize the way we look at money and shit" I mean don't get me wrong, I was like that once when I was still 15 years old lol, but as I grew up and became a little bit more realistic about how things go in this planet I realized that bitcoin's just good as an investment tool and a store of value, any other value we put upon it because of what it could be is self-imposed and is not something that we should really attribute to bitcoin. Just look at Inscriptions and Ordinals, people thought it's going to be the future of NFTs, turns out it just made the whole bitcoin network even more congested and we're all hating on it right now.

Use bitcoin for what it is right now, not for what it could be, at least in concept and usability.

[South Park]

I thought I should drop this quick question here:

And that's the message on the t-shirt in the image, well I don't know but I feel it would be nice to here some forum members thought how possible is this that maybe someday if not today that Bitcoin can actually be the solution to fixing the money, that's if you deem it fit to conclude that there is something actually wrong the monetary system 😁.

Image source: Bitcoin magazine @ X.COM

Politicians and other powerful figures benefit too much from the fiat system to let any other system replace it, and even if things got so bad this forced their hand, you can be sure that at some point they will want to get the fiat system back in place, an occurrence we have seen already on the countries in which the fiat currency collapsed, so there is not really a thing we can do to fix money long term, so instead we should content ourselves with bitcoin becoming a more widely accepted option, and allowing us to avoid using the fiat system as much as possible.

[royalfestus]

I believe the adoption of Bitcoin remains low because it isn't widely used for transactions in the developed world, contrary to earlier expectations. I support the use of stablecoins, but the challenges they have faced in recent years suggest they might struggle with adoption as well.

[Miles2006]

And that's the message on the t-shirt in the image, well I don't know but I feel it would be nice to here some forum members thought how possible is this that maybe someday if not today that Bitcoin can actually be the solution to fixing the money, that's if you deem it fit to conclude that there is something actually wrong the monetary system 😁.

I actually think both parties are competing(fiat and cryptocurrencies) but, it’s kinda complicated comparing both most especially the thought we get thinking bitcoin will talk over sooner or later, obviously in terms of fixing the money system bitcoin has gone a long way so it’s obvious bitcoin has helped people during economic challenges because it’s so difficult relying on fiat without investing what if inflation comes up so basically bitcoin has more value attach whereby bitcoin serve as an investment choice and money depending on an individual choice. From my opinion Bitcoin can fix the money system but, knowing fully well bitcoin was not created to ruin the fiat system entirely so let our mindset stay within individually.

[Mr.right85]

how possible is this that maybe someday if not today that Bitcoin can actually be the solution to fixing the money, that's if you deem it fit to conclude that there is something actually wrong the monetary system 😁.

Just a cute piece with all some of the most important message and notations through centuries of human evolution.

In our world, money has been such a tool in the hands of those who can control it and a lot of it at that but, it’s never been seen to give power to all or most. That’s what we seem to have now with Bitcoin, a decentralized finance but even then, it could be somehow affected by the whales and how they choose to handle there holdings.
Either by liquidating it in the market to dump price by some bit before it recovers are accumulate more.

Still, they show little control as compared to the centralized fiat currency. Even then, it doesn’t fix everything about finance. Bitcoin have still got it’s issues but, it serves as a better compliment to the centralized fiat. This makes its existence in the society a fixing of the financial systems.

[thecodebear]

Oh wow that's an awesome shirt.


Important to understand that Bitcoin can't fix the current problems in the fiat system. That system is still gonna collapse at some point. Bitcoin can't do anything to get nations out of their impossible debt spirals. But Bitcoin is the way out for individuals to no longer be stuck in that system - no longer be at least entirely tied to that sinking ship by having no other choice but to use that failing currency. Now people can hold their wealth in a hard currency and protect themselves. So yes bitcoin does fix money for individuals. Maybe once today's currencies inevitably collapse Bitcoin will even fix money on a grander scale, but that is unlikely to be in the lifetime of anyone alive today.

[GreatArkansas]

I believe the adoption of Bitcoin remains low because it isn't widely used for transactions in the developed world, contrary to earlier expectations. I support the use of stablecoins, but the challenges they have faced in recent years suggest they might struggle with adoption as well.

We should be glad now because that means we are still early and considered as pioneers in Bitcoin.
Just think about what will happen if everyone will x2 now like transactions, people who use Bitcoin, volumes, etc. We really still early.

[CODE200]

Bitcoin already is a solution to fixing many of the problems on ground and ahead, this is why we could realized a continuous growth and increase in the numbers of its adoption, This is only also applicable to those that see bitcoin in such manner and make use of it in many applicable aspects of their financial economy, things have been quite long going as unexpected with the financial system before the people finds hope with the use of bitcoin in a decentralized way, which is now a preferred financial solution from using fiat.

That's why people love bitcoin because it shows the results and at the same time, it makes people smarter when it comes to financial related matters be it individual or economical. Hopefully, we get to a point that there's more people out there that's inclined to adopt bitcoin not just as an investment but also a currency, but I'm full of hope that we're definitely going to get there, bitcoin never fails to amaze me after all and the surprises in it is just far too much to fathom to doubt that bitcoin would ever not do what it will eventually do.

[Darker45]

Well, first off, there are lots of wrongs with our monetary system. It isn't a question. Come on! We could write thick books about it.

As to Bitcoin fixing the money, it doesn't mean actually fixing the money we have right now. Bitcoin doesn't have anything to do with the current money we have. Bitcoin can't fix it. How can it even do that?

Bitcoin's role, however, is to be there as an option, as an alternative, a better choice, a way to get out of the rotten fiat monetary system.

But, seriously, how can you fix fiat? Is there any other way than making it non-fiat? Fiat, as it is, is founded upon fiat, an order coming from a powerful authority. Fiat, fundamentally, is flawed. I seems it can't be fixed. It can be replaced, though.