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Obi-₿it Koinobi
npub1uy6…wpw7
2024-03-13 14:16:25
in reply to nevent1q…a844

Obi-₿it Koinobi on Nostr: I just don't get his insistence of bitcoin being a store of value over being a ...

I just don't get his insistence of bitcoin being a store of value over being a money/currency. Seems like it's the antithesis to bitcoin's ultimate purpose. Not that being the store of value isn't important. In the chicken or the egg scenario bitcoin has to obtain status as a store of value before it can be a useful steady tool for daily use.

Obviously base layer transactions weren't meant for daily/micro transactions, but the goal was not to stop at the base layer, right? He no doubt understands this. He understands the importance of building out layer 2 and 3 solutions. It just doesn't make sense then when he starts saying things that seem to conflict with that. "I will never ever sell my bitcoin."
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npub1uy6xa57up2y9fw7hed7yknnvd737dz22zg4d7n0k5mg07mapry3qmzwpw7