Good Arguments to Debate about Bitcoin
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- Is the deflationary block/transaction reward system sustainable in a multi-crypto world?
- How does a Bitcon-as-an-asset ecosystem without centralized control function within our existing laws and regulatory frameworks?
- Are Russia, China, or Iran a systemic-risk to Bitcoin through mining centralization?
- China kicked its miners out of the country. Bitcoin has become more decentralized.
- Could Bitcoin survive a sustained nation-state level attack against an adversary without a financial incentive?
- Is such an attack even possible given the distribution of mining hardware currently available on the planet?
- Will Bitcoin volatility ever settle enough to make it a viable everyday medium of exchange?
- Does Bitcoin help or hurt inequality?
- Ben Hunt: Governments will co-opt Bitcoin, neuter its independence, and turn it into a panopticon.
- This isn’t a Bitcoin concern, but a concern about tokenization of real estate: If tokenization makes it is easy to sell off shares in your house, will this make it easy for the wealthy to fleece financially vulnerable homeowners, one token at a time?
These and many others are genuine concerns about the future of Bitcoin that deserve intense debate and scrutiny, but they don’t fit into an outrage headline and don’t have clear answers so you won’t hear them everyday.
Optimism about Bitcoin
If you want some compelling optimism for why Crypto could change the world for the better (or be the investment of a lifetime) try these:
- How Bitcoin may be a life-saving boon to people in developing nations with no infrastructure
- Bitcoin adoption in Venezuela against crushing inflation
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