Some on your list may be true, some may be not. But have you also made a list of fiat negatives? Bitcoin is an alternative. You might want to take a closer look at the main option in order to have a fairer and more balanced view. Only then could you pass the final verdict and set aside Bitcoin. You might actually end up with a much longer list. There's a reason why fiat badly needs to have an alternative.
Also, Newton's third law of motion is true not just in physics but in other aspects of our existence as well. Every time we eat, we contribute to the world's degradation. Shall we stop eating?
You can also ask him to post the positives of Bitcoin. I am sure there are lots of it which can negate its negatives. Fiat might have some positives too but I think its negative is much more than it. That is the reason why Bitcoin is born to supply it.Also, Newton's third law of motion is true not just in physics but in other aspects of our existence as well. Every time we eat, we contribute to the world's degradation. Shall we stop eating?
If only the banks or governments are going to be asked, I think that fiat is already enough for them. For them it is already a perfect creation and there is no need for an alternative such as Bitcoin. They think that an alternative currency will only get the demand that their fiat is supposed to be getting or worse their fiat will be overcome by it. It's only funny that they didn't saw Bitcoin coming and it's now too late for them to stop it.
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