RE: Will people trust the Bitcoin as a currency as much as they trust the dollar?

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Will people trust the Bitcoin as a currency as much as they trust the dollar?

in bitcoin •  7 years ago 

It's a threat, as I also explain here: https://steemit.com/blockchain/@gennarocuofano/blockchain-distributed-social-systems-and-the-end-of-modern-states, Bitcoin won't swipe inequality all of a sudden. That would be too utopistic to believe. However, I wonder whether or not it could work well as an alternative system to the traditional one.

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Right bitcoin wouldn't opt for this however governments or groups that now control majority of capital could leverage against alternative system to gain advantage similar to every other system set today.