Donny on Nostr: It should be the standard, but right now and in the short term it is not. If you ...
It should be the standard, but right now and in the short term it is not.
If you wanted to transfer US$2.8 Million to a Bitcoin friendly bank to take out a loan to purchase a house right now with KYC free Bitcoin, with no transaction history you would have a very hard time. If it was cucked š½ you would have a very easy time.
If you sent US$2.8 million to a centralised exchange to swap it for Fiat to purchase your home, again you would have a hard time doing it with freedom š½ compared to cucked š½.
It would make a huge difference right now and possibly an even bigger difference in 2 to 5 years.
When we reach hyperbitcoinization things will obviously get easier on a Bitcoin standard but until then if anyone is hoping to use freedom š½ for multi million dollar purchases you are going to have to have a solid plan using a list of options that are pretty skinny right now.
If you wanted to transfer US$2.8 Million to a Bitcoin friendly bank to take out a loan to purchase a house right now with KYC free Bitcoin, with no transaction history you would have a very hard time. If it was cucked š½ you would have a very easy time.
If you sent US$2.8 million to a centralised exchange to swap it for Fiat to purchase your home, again you would have a hard time doing it with freedom š½ compared to cucked š½.
It would make a huge difference right now and possibly an even bigger difference in 2 to 5 years.
When we reach hyperbitcoinization things will obviously get easier on a Bitcoin standard but until then if anyone is hoping to use freedom š½ for multi million dollar purchases you are going to have to have a solid plan using a list of options that are pretty skinny right now.