mulecolt on Nostr: Maybe write a counter proposal. What does good look like? To be fair ES gave the ...

Maybe write a counter proposal. What does good look like?

To be fair ES gave the people the right to use bitcoin as money and they don’t. They much prefer dollars because they need to know that the value isn’t going to drop so much that they can’t buy groceries. Countries that have access to USD use USD over everything else including bitcoin.

One could argue bitcoin needs to go through a store of value phase to get to a valuation where it’s stable enough to be used as a medium of exchange.