hh on Nostr: BTC is a perfect store of value and that's what makes it irreplaceable, but there are ...
BTC is a perfect store of value and that's what makes it irreplaceable, but there are other uses it doesn't fulfill, like being a cash currency. Whenever I say that, maxis here go through the roof.
Other cryptos can do what BTC cannot, it's that simple and I don't understand why people lose their marbles about it, like they attach their whole identity and being to BTC doing everything imaginable -- which again, it simply doesn't.
Then, those in the "alt coin" world as well have a wide range of reasons.
Some delude themselves about what "their" token can and will do, especially those saying that "their" token will replace BTC. Obvious nonsense.
Others are in it for the trading to maximize fiat earnings simply because there is a market, so why would you speculate in bonds or stonks, which are as fickle and manipulated as anything else (so is BTC trading), when you can get huge yields with dogeloncumrocketcoin? Among these, one section actually recognizes BTC as their preferred store of value and all they're doing is get more fiat to stack more sats.
There is nothing wrong with that, unless we also criticize those who work for fiat to stack sats, or anybody else who doesn't earn exclusively in BTC, or was able to mine thousands of them back when, and live on BTC forever more.
Me personally, I earn enough fiat working and can direct a sufficient amount to stacking sats so I don't feel the urge to speculate trading anything - no alts, no stonks, no forex, no nothing.
But I will not criticize those who do, just like I will not criticize those who decide to use something other than BTC as cash currency. Even if I don't, if it works for them why would anybody be salty about it?
Other cryptos can do what BTC cannot, it's that simple and I don't understand why people lose their marbles about it, like they attach their whole identity and being to BTC doing everything imaginable -- which again, it simply doesn't.
Then, those in the "alt coin" world as well have a wide range of reasons.
Some delude themselves about what "their" token can and will do, especially those saying that "their" token will replace BTC. Obvious nonsense.
Others are in it for the trading to maximize fiat earnings simply because there is a market, so why would you speculate in bonds or stonks, which are as fickle and manipulated as anything else (so is BTC trading), when you can get huge yields with dogeloncumrocketcoin? Among these, one section actually recognizes BTC as their preferred store of value and all they're doing is get more fiat to stack more sats.
There is nothing wrong with that, unless we also criticize those who work for fiat to stack sats, or anybody else who doesn't earn exclusively in BTC, or was able to mine thousands of them back when, and live on BTC forever more.
Me personally, I earn enough fiat working and can direct a sufficient amount to stacking sats so I don't feel the urge to speculate trading anything - no alts, no stonks, no forex, no nothing.
But I will not criticize those who do, just like I will not criticize those who decide to use something other than BTC as cash currency. Even if I don't, if it works for them why would anybody be salty about it?