kane on Nostr: Another exciting thing. The masses, specifically TradFi, will realize this: #Bitcoin ...
Another exciting thing. The masses, specifically TradFi, will realize this:
#Bitcoin provides the store of value of land and gold, but unlike these two bitcoin is instantly convertible to usable currency.
Land isn’t divisible enough nor timely enough in converting to usuable liquidity.
Gold has better divisibility but is not liquid.
Bitcoin provides all three and the missing link is its ability to quickly convert to usable currency (fiat).
Bitcoin does this in an instant. That’s what is game changer.
#Bitcoin provides the store of value of land and gold, but unlike these two bitcoin is instantly convertible to usable currency.
Land isn’t divisible enough nor timely enough in converting to usuable liquidity.
Gold has better divisibility but is not liquid.
Bitcoin provides all three and the missing link is its ability to quickly convert to usable currency (fiat).
Bitcoin does this in an instant. That’s what is game changer.