What is Nostr?
Bit 🐳 Ish
npub13cn…kzpe
2025-01-09 21:10:16
in reply to nevent1q…2yyx

Bit 🐳 Ish on Nostr: Right so introducing bitcoin to their economy does not preclude their use of usd when ...

Right so introducing bitcoin to their economy does not preclude their use of usd when necessary. But the deflationary aspect of bitcoin brings them a better method of saving.

It's also more convenient to trade with locally within their community over any physical money.

If they want to use gold coins, fine, but the fact is they don't. Bitcoin offers a better option that has the monetary properties of precious metals with the portability of digital money.
Author Public Key
npub13cnlldwfhwxd6qf34hnwlfya2m2qrd2zfk0alxnrup6d2fasw9wqxwkzpe