What is Nostr?
/ Murray von Nakamoto
npub1k26…hajx
2023-09-06 15:49:58

Murray von Nakamoto on Nostr: People who say that Bitcoin is a "gReAt vALuE trAnsFeR mEcHaNiSM, but NoT a GoOd ...

People who say that Bitcoin is a "gReAt vALuE trAnsFeR mEcHaNiSM, but NoT a GoOd StoRe oF vALuE" have obviously never asked themselves where this value comes from in the first place and don't understand that such transfer requires liquidity.
Do people need the ability to send hundreds of billions of dollars of value (measured in current US dollars) across borders within 1 hour, with final settlement?

If the answer is yes, the next obvious question is: How much liquidity does that require?

The rest falls in place easily. Simply hold Bitcoin and sleep soundly.
Author Public Key
npub1k26p564dtx4j26qyevfadyjr2pzazhte6q7cslhjq6d8x3xl4ydsx6hajx