NodeRunner on Nostr: HODL to the MAX! Two groups to explain the situation: 1) SoV (Store of Value): ...
HODL to the MAX!
Two groups to explain the situation:
1) SoV (Store of Value): Bitcoin is digital gold and will continue to go up forever so if you spending it you will waste unbelievable potential future wealth.
2) UoA (Unit of Account): Using bitcoin in day-to-day purchases will popularize it driving us faster to hyperbitcoinization, which will stabilize it making it more suitable for a dollar replacement.
Take your pick and place your bets, but I think you already know where the majority stands. I would definitely be up for small day-to-day purchases but no opportunities where I live. Plus KYC (know your customer) is having a bigger influence which creates trouble when using bitcoin. This is when the Monero bros preach their pitch.
Two groups to explain the situation:
1) SoV (Store of Value): Bitcoin is digital gold and will continue to go up forever so if you spending it you will waste unbelievable potential future wealth.
2) UoA (Unit of Account): Using bitcoin in day-to-day purchases will popularize it driving us faster to hyperbitcoinization, which will stabilize it making it more suitable for a dollar replacement.
Take your pick and place your bets, but I think you already know where the majority stands. I would definitely be up for small day-to-day purchases but no opportunities where I live. Plus KYC (know your customer) is having a bigger influence which creates trouble when using bitcoin. This is when the Monero bros preach their pitch.