Part 8/14:
Yet, the potential remains: if Bitcoin gains mass adoption and global acceptance, it could serve as a less volatile, more widely used currency—possibly even in trading in Satoshis—but first, technological improvements and regulatory acceptance must occur.
Governments, Control, and the Repression Spectrum
A recurring theme is the battle between decentralization and central authority. Central banks and governments—particularly the US Federal Reserve and IRS—view Bitcoin as a threat to their control. The presenter emphasizes that Bitcoin empowers individual sovereignty—a "life raft"—and criticizes government efforts to repress or regulate it excessively.