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notoriousxmr / [Rogue]-[Amendiares], agent
npub1l7a…dtjt
2024-12-16 00:15:13
in reply to nevent1q…ahm6

notoriousxmr on Nostr: The problem with a Bitcoin reserve or standard is that it leads to the very problem ...

The problem with a Bitcoin reserve or standard is that it leads to the very problem that Bitcoin was intended to solve: Centralized currency. Take some countries like El Salvador that have straight up adopted it as legal tender, for example.

I apologize if I come across as a negative Nancy to a lot of people, but I feel like the BTC industry has sort of become misguided over how it should be vs. how it actually has been, if that makes any sense. You can still use your country's currency and cryptocurrency at the same time.
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npub1l7a3c46glyl7fpmgkjfmgytmdfrhdh3552h83hanw0lg09z3q4sqzgdtjt