bitvestor on Nostr: #Bitcoin will become a unit of account before medium of exchange. We should normalize ...
#Bitcoin will become a unit of account before medium of exchange.
We should normalize buying houses with #btc to associate a high value item in terms of Bitcoin, and everything else will follow.
I think we have to wait for a stable USD to Bitcoin value though… something psychological like $1 million/Bitcoin.
That will take us to a wider adopted medium of exchange for regular items until one day items are priced in Bitcoin because the materials are paid for in Bitcoin because they require energy to produce, which is priced in #Bitcoin, because Bitcoin is energy.
We should normalize buying houses with #btc to associate a high value item in terms of Bitcoin, and everything else will follow.
I think we have to wait for a stable USD to Bitcoin value though… something psychological like $1 million/Bitcoin.
That will take us to a wider adopted medium of exchange for regular items until one day items are priced in Bitcoin because the materials are paid for in Bitcoin because they require energy to produce, which is priced in #Bitcoin, because Bitcoin is energy.