vinney on Nostr: I build software and sell it to consumers. This is not a hypothetical or the preamble ...
I build software and sell it to consumers. This is not a hypothetical or the preamble to a thought experiment; this is a description of my economic reality.
With the money I make (either as USD or converted to Bitcoin - or better yet, paid in Bitcoin by the customer), I do some saving and some consumption. As my goal is to hold on to as much value as possible (while either saving or "waiting to consume"), I prefer to store my value in Bitcoin because it doesn't hold the _guaranteed_ counter-party risk of fiat inflation by a malicious State.
Admittedly, it has price volatility risk, but for as long as I've been moving USD into Bitcoin the line has always generall trended 📈 and I personally believe (based on my understanding of money as an abstract category of technology) that this is the current market good which will become the next money. This, I have reason to believe that trend line will continue.
All that said, back to the beginning of where we started: the line only needs to do better than inflation in order to make it smarter to get onto a Bitcoin standard for daily purchases than USD (see the 3 cases example I gave above, which you didn't disagree with the math on, just on which you think to be most likely to happen).
With the money I make (either as USD or converted to Bitcoin - or better yet, paid in Bitcoin by the customer), I do some saving and some consumption. As my goal is to hold on to as much value as possible (while either saving or "waiting to consume"), I prefer to store my value in Bitcoin because it doesn't hold the _guaranteed_ counter-party risk of fiat inflation by a malicious State.
Admittedly, it has price volatility risk, but for as long as I've been moving USD into Bitcoin the line has always generall trended 📈 and I personally believe (based on my understanding of money as an abstract category of technology) that this is the current market good which will become the next money. This, I have reason to believe that trend line will continue.
All that said, back to the beginning of where we started: the line only needs to do better than inflation in order to make it smarter to get onto a Bitcoin standard for daily purchases than USD (see the 3 cases example I gave above, which you didn't disagree with the math on, just on which you think to be most likely to happen).