Serious question, why do we give so much power to these tech firms such as Google, when really the solution is decentralization. We have some solutions for money with bitcoin, but there still doesn’t seem to be a viable alternative with a search engine that is decentralized?
the main issue I see with bitcoin is that so many people are investing in it and not using it for its real purpose (an alternative to actual money). The fact that the fed prints money while bitcoin is finite shows that there will be less inflation issues. Although I am not an economist
It’s a “currency” where the majority of currency got handed out to very few people very early on. It’s has a more concentrated level of wealth than the real economy has. And the energy use is a far bigger issue than all others.
It is way more distributed than wealth in the normal fiat system in which only a few owns 50% of all the wealth.
Unlike that system you are also free not to use it.
You also have the opportunity to get other coins or versions that are cheaper.