LpLiberto on Nostr: Thinking out loud here, so don't quote me on this. But ultimately doesn't Bitcoin's ...
Thinking out loud here, so don't quote me on this. But ultimately doesn't Bitcoin's scarcity mean that even if people hodl and decide not to spend or sell the only option to get sats will start becoming demanding payment and salary in it? It may take a while at any significant scale, but eventually as it becomes the easiest way to stack, it will have no choice but to become a medium of exchange. Even if people seek it as a savings asset, they'll have to work for it.
In any case I agree that MoE should be the goal.
Published at
2024-12-22 13:28:54Event JSON
{
"id": "dcc423d55977932fd0cbf29edbb6be0335f1390ab14ad9b603e9460606a0cb5d",
"pubkey": "f665062b993a8d8f1b058a2d85e8ae63e91329cb1e96f3cb58644c138e6f755a",
"created_at": 1734874134,
"kind": 1,
"tags": [
[
"e",
"f9c9d42ef1f72531428fd9d1e845cebd36b7867ab12bbf68112e63e0a2db8ae4",
"",
"root"
],
[
"p",
"d8a6ecf0c396eaa8f79a4497fe9b77dc977633451f3ca5c634e208659116647b"
]
],
"content": "Thinking out loud here, so don't quote me on this. But ultimately doesn't Bitcoin's scarcity mean that even if people hodl and decide not to spend or sell the only option to get sats will start becoming demanding payment and salary in it? It may take a while at any significant scale, but eventually as it becomes the easiest way to stack, it will have no choice but to become a medium of exchange. Even if people seek it as a savings asset, they'll have to work for it.\n\nIn any case I agree that MoE should be the goal.",
"sig": "17e84d11f10c13359737bd139695a53293b4ab8ac1d140c1777802c472a8e6bf7a2c67bbcea1210e3e137af7e2b25d67e71903d67354c8ea46e65eeaece3b105"
}
