burns on Nostr: My opinion is that your opinion will be true in some cases. The degree to which it is ...
My opinion is that your opinion will be true in some cases.
The degree to which it is true will depend on what kind of bitcoin economy/infrastructure exists when hyper-bitcoinization happens.
If bitcoin can be spent, there will be no need to sell for fiat.
But if you expect people to save their whole stack forever, when they’ve acquired enough net worth to use some to improve quality of life, that’s just naive.
The degree to which it is true will depend on what kind of bitcoin economy/infrastructure exists when hyper-bitcoinization happens.
If bitcoin can be spent, there will be no need to sell for fiat.
But if you expect people to save their whole stack forever, when they’ve acquired enough net worth to use some to improve quality of life, that’s just naive.