acv on Nostr: People really don't want to do business in Bitcoin units because Bitcoin is not the ...
People really don't want to do business in Bitcoin units because Bitcoin is not the only money out there, and never will be. It cannot ever be the only money by way of it's open source. It was copied immediately.
It will always be preferable to spend the bad money, take loans for it, make contracts to pay people months and years in advanced in bad money.
We will probably always be looking to spend some stable-coins, preferably decentralized autonomous stable-coin type things from locking up Bitcoin on lightning somehow. Like the money we have now is borrowed-dollars coming from real bond assets being locked up.
Bitcoin is replacing bonds, not dollars. The dollar's current global power comes from the bonds, not the token that spends.
If you want to evade taxes to prevent the government from having that power to spend, you don't need people to accept Bitcoin, you just need them to accept decentralized payment rails. You need to use decentralized stable-coins and then you're as anonymous as can be, in the payment, but the vendor gets dollars back to a USD bank account without the privacy leak for you.
It will always be preferable to spend the bad money, take loans for it, make contracts to pay people months and years in advanced in bad money.
We will probably always be looking to spend some stable-coins, preferably decentralized autonomous stable-coin type things from locking up Bitcoin on lightning somehow. Like the money we have now is borrowed-dollars coming from real bond assets being locked up.
Bitcoin is replacing bonds, not dollars. The dollar's current global power comes from the bonds, not the token that spends.
If you want to evade taxes to prevent the government from having that power to spend, you don't need people to accept Bitcoin, you just need them to accept decentralized payment rails. You need to use decentralized stable-coins and then you're as anonymous as can be, in the payment, but the vendor gets dollars back to a USD bank account without the privacy leak for you.