Ben Arc on Nostr: Privileged take. People need stability, literally the core function of sound money. ...
Privileged take. People need stability, literally the core function of sound money. Most people just can't afford wild price swings, that's it, nothing to do with a lack of understanding game theory. Good MoE is stable, bitcoin is not stable. Build stablecoins on bitcoin that can easily be swapped in/out, and hope one day enough liquidity and commodity use cases exist that bitcoin becomes stable and can be used raw as MoE.
Published at
2024-07-09 23:49:51Event JSON
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