BTCMeansFreedom4All on Nostr: Money has 3 uses, 1: Store of value, 2: Medium of exchange, 3: Unit of account. Using ...
Money has 3 uses, 1: Store of value, 2: Medium of exchange, 3: Unit of account.
Using Bitcoin as savings to store value over time is it's primary use, that facilitates and enables the other 2 uses. You wouldn't accept anything as a medium of exchange if it didn't hold it's value over time.
We're getting more stable over time, but the fact remains that Bitcoin's primary use currently is still store of value and it likely always will be.
But we're getting there, and stacking is absolutely using.
Using Bitcoin as savings to store value over time is it's primary use, that facilitates and enables the other 2 uses. You wouldn't accept anything as a medium of exchange if it didn't hold it's value over time.
We're getting more stable over time, but the fact remains that Bitcoin's primary use currently is still store of value and it likely always will be.
But we're getting there, and stacking is absolutely using.