Sounds great, but what does Bitcoin specifically do that is innovative?
- The wealth distribution is as bad as with fiat,
- much larger transaction fees than for normal payments through banks,
- sending money to someone else is slower than through banks.
Only benefit is you can receive money from someone quicker. Plus:
- public block chain so if someone has your public address they know how much you have in your wallet, and how much you are sending and receiving where to/ where from.
Again, you can't just go into a bank and ask to see someone's financial information as an average person. I will always love bitcoin for starting this revolution, but it is not anywhere near innovative.
RE: I love you, my bitcoin