mentness on Nostr: Why cash and bitcoin are important for exchanging value. A £100 transaction in cash ...

Why cash and bitcoin are important for exchanging value.

A £100 transaction in cash will still be worth £100 after 20 commercial exchanges.

The same £100 after 20 debit/credit card transactions will be worth £55. A loss of 45%.

Bitcoin will appreciate in value over the long term.

Cash will be eroded over time.