GoodShibe on Nostr: IMHO, #BTC needs to find a way to stabilize and/or decouple from fiat currencies in ...
IMHO, #BTC needs to find a way to stabilize and/or decouple from fiat currencies in order to successfully become a truly successful currency.
It's so hard for regular BTC hodlers, let alone normies, to justify spending Bitcoin knowing that they could wake up tomorrow with another $10,000 pizza situation. Sadly, that volatility is a real albatross on the usage aspect.
Even the #Bitcoin people that I know openly say things like "Spend fiat, save BTC." Which doesn't really help adoption or growth, unfortunately.
It's so hard for regular BTC hodlers, let alone normies, to justify spending Bitcoin knowing that they could wake up tomorrow with another $10,000 pizza situation. Sadly, that volatility is a real albatross on the usage aspect.
Even the #Bitcoin people that I know openly say things like "Spend fiat, save BTC." Which doesn't really help adoption or growth, unfortunately.