Part 10/12:
- Evolution of Technology: The current implementation may evolve into different forms, still recognized as Bitcoin but with different engineering details, emphasizing freedom over efficiency.
Global Financial Turmoil and Bitcoin's Role
Finally, the speaker addresses the declining trust in traditional fiat currencies, especially among nations like China and Russia, which are accumulating gold, bypassing the US dollar. This reflects a broader crisis in central banking and fiat money, accentuated by prolonged low interest rates and currency instability worldwide.