TheBotmaster on Nostr: So far it has been exceedingly successful. The existence of “stablecoins” is one ...
So far it has been exceedingly successful. The existence of “stablecoins” is one piece of evidence for that. The other is that I still had to use fiat when buying groceries today. But more importantly: right now it is impossible to touch down in a new country, find a job as a dishwasher, and earn a living in #bitcoin. Something that was common in America and around the world when money was still gold-backed and “immigration restrictions” didn’t exist.
These are three pillars on which the success of #bitcoin can be measured. We’ve accomplished none.
Published at
2023-07-11 11:24:05Event JSON
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"content": "So far it has been exceedingly successful. The existence of “stablecoins” is one piece of evidence for that. The other is that I still had to use fiat when buying groceries today. But more importantly: right now it is impossible to touch down in a new country, find a job as a dishwasher, and earn a living in #bitcoin. Something that was common in America and around the world when money was still gold-backed and “immigration restrictions” didn’t exist.\nThese are three pillars on which the success of #bitcoin can be measured. We’ve accomplished none.",
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