Wasssaaaa on Nostr: I’m okay with winning the battle of store of value first. Then winning medium of ...
I’m okay with winning the battle of store of value first. Then winning medium of exchange after.
If bitcoin is the most valuable money over time, I think it will naturally eat every other money.. just a matter of when.
Then we will Medium of Exchanges on top (stable coins, USD, etc) and people will convert BTC to MOE to buy things, the seller will convert the MOE to Bitcoin. It’s only a matter of time till both buyer and seller realize they don’t need to pay a conversion fee as it is an inefficiency in their trade, and to use the best commodity money back and forth as it is a great medium of exchange as well.
So long story short.. yes. I’m ok with winning 50% of the battle. Cause you gotta win 50% before you win 55% and on.
If bitcoin is the most valuable money over time, I think it will naturally eat every other money.. just a matter of when.
Then we will Medium of Exchanges on top (stable coins, USD, etc) and people will convert BTC to MOE to buy things, the seller will convert the MOE to Bitcoin. It’s only a matter of time till both buyer and seller realize they don’t need to pay a conversion fee as it is an inefficiency in their trade, and to use the best commodity money back and forth as it is a great medium of exchange as well.
So long story short.. yes. I’m ok with winning 50% of the battle. Cause you gotta win 50% before you win 55% and on.