NVK on Nostr: You don't have to choose between Bitcoin as Store-of-Value and Digital-Cash. Fighting ...
You don't have to choose between Bitcoin as Store-of-Value and Digital-Cash.
Fighting SOV bitcoin is like fighting water. Bitcoin is a central bank replacement. It's the only non-counter-party thing you can really own.
The Mempool is sub 5sat/vB, it's cheaper right now to send L1 sats than anything else.
So why don't people send it?
NgU and Gresham's Law will work against bitcoin as Digital Cash until people don't have any other garbage to spend first.
Natural incentives hold bitcoin from being used as digital cash not narratives.
Keep building the Digital Cash tools, eventually there will be nothing else to spend but bitcoin.
Fighting SOV bitcoin is like fighting water. Bitcoin is a central bank replacement. It's the only non-counter-party thing you can really own.
The Mempool is sub 5sat/vB, it's cheaper right now to send L1 sats than anything else.
So why don't people send it?
NgU and Gresham's Law will work against bitcoin as Digital Cash until people don't have any other garbage to spend first.
Natural incentives hold bitcoin from being used as digital cash not narratives.
Keep building the Digital Cash tools, eventually there will be nothing else to spend but bitcoin.