_Foresight on Nostr: I no longer see Bitcoin as a financial transactional instrument, like fiat (and what ...
I no longer see Bitcoin as a financial transactional instrument, like fiat (and what the other cryptos were trying to do) but a store of value like land, gold, or any other commodity.
Sure you can trade Bitcoin for goods but that’s like trading in Gold coins for a goods or service. I just don’t think this will work with Bitcoin anymore. The Feds simply won’t allow it.
Published at
2023-06-11 18:18:32Event JSON
{
"id": "6c63e2b79eb3a1a74e714e46e50ba04f9c3e9b23d5daf83455ebd6a96f5b2b63",
"pubkey": "0a10e2cb27375607c616f72b5a0cb1467015243d801a716bef99b84e4a2d71ea",
"created_at": 1686507512,
"kind": 1,
"tags": [
[
"e",
"a6cac38394c3e200bef41d910d05d3282b976df401ac99824443414bb706fef3"
],
[
"e",
"dd31f00d8f90dded462a35ddd060141554a0ae5649998cf43458217c592a4b2c"
],
[
"p",
"875685e12bdeaaa7a207d8d25c3fd432a8af307b80f8a5226777b50b0aa2f846"
]
],
"content": "I no longer see Bitcoin as a financial transactional instrument, like fiat (and what the other cryptos were trying to do) but a store of value like land, gold, or any other commodity. \n\nSure you can trade Bitcoin for goods but that’s like trading in Gold coins for a goods or service. I just don’t think this will work with Bitcoin anymore. The Feds simply won’t allow it.",
"sig": "a87d90765299b137d12f3c3248bf8c4ea57b713868e6dd46280c937f4f635b77d19562d9ea9ac57e307200753e8b42cb0c95f165bd01d92b23e17ff12f678751"
}