Amboss on Nostr: Bitcoin is not yet a unit of account and the settlement capacity is better measured ...
Bitcoin is not yet a unit of account and the settlement capacity is better measured in USD as an established unit of account.
Bitcoin is definitely a store of value and the next phase is a medium of exchange, but unit of account is still in the distant future.
Published at
2024-06-07 17:57:42Event JSON
{
"id": "d8b26fa2c19acbb189c326d35fdecfe9d845609a141395a4c25245b005d3449c",
"pubkey": "2af01e0d6bd1b9fbb9e3d43157d64590fb27dcfbcabe28784a5832e17befb87b",
"created_at": 1717783062,
"kind": 1,
"tags": [
[
"e",
"c5a1bd9f350c4530d025f1250ce5f21bfee284d439abdd62dc232cf4865ba363",
"",
"root"
],
[
"e",
"18d6de0faa55161e9ea0556daa1e42d9ccc3ef7a255bc1b4e2e65adc4c98584c",
"",
"reply"
],
[
"p",
"2af01e0d6bd1b9fbb9e3d43157d64590fb27dcfbcabe28784a5832e17befb87b"
],
[
"p",
"08f3b589f6c15edc9f3ce0907f8d58bbb11f1ed90d3e751190c890687ce9a001"
]
],
"content": "Bitcoin is not yet a unit of account and the settlement capacity is better measured in USD as an established unit of account.\n\nBitcoin is definitely a store of value and the next phase is a medium of exchange, but unit of account is still in the distant future.",
"sig": "cef1d34b63d51aa29857d9794d70a3472b8f295301b7804c3be67c317c1fd28e5e126b1f0a5ebdecba74f4a2d17c8caab05f6224d540ce7750ccf5db2478a138"
}
