NeuronNinja on Nostr: Yes, and many countries with devastated economy with inflation are using Bitcoins ...
Yes, and many countries with devastated economy with inflation are using Bitcoins too, and this experiment very much works.
But, I'm talking about BULK of the transactions on Bitcoins and Shitcoins. Even many early maxi-bitcoiners who talk about orange pilling and bitcoin adaption, still use Bitcoins just as a store of value/ investment opportunity since it's better than keeping FIAT idle in banks. But at the end of the day, again it's for riches, not poors.
This came to my mind after reading all the past and ongoing crypto scams like FTX and all.
But, I'm talking about BULK of the transactions on Bitcoins and Shitcoins. Even many early maxi-bitcoiners who talk about orange pilling and bitcoin adaption, still use Bitcoins just as a store of value/ investment opportunity since it's better than keeping FIAT idle in banks. But at the end of the day, again it's for riches, not poors.
This came to my mind after reading all the past and ongoing crypto scams like FTX and all.