omarmadani0 on Nostr: Every time you sell a thing you are contributing to the supply of it and therefore ...

Every time you sell a thing you are contributing to the supply of it and therefore lowering its price. Everytime you buy a thing you are contributing to the demand for it and increasing its price.

As more and more people sell fiat and buy Bitcoin, the price of fiat sinks and the price of Bitcoin rises. As time goes on, the bad guys can keep printing fiat if they like.

They're just going to find that they cannot exchange even large quantities of their worthless shitcoin for any meaningful quantity of real goods.

Boom, proof by induction.