What is Nostr?
LogicallyMinded
npub1s0f…rqf5
2025-02-09 09:25:59
in reply to nevent1q…q7q9

LogicallyMinded on Nostr: I see the value of not going into fiat to stay out of the banking system however, ...

I see the value of not going into fiat to stay out of the banking system however, holding all your bitcoins through a bear cycle can hardly be justified as a wise financial decision (assuming that one can identify early on when the bear has started). That’s why decentralized non-fiat backed stablecoins are so important to protect the gains one has earned holding #bitcoin through the bull. Actually governments fear those in combination with Bitcoin more than Bitcoin alone.
Author Public Key
npub1s0fs9dwztm2rukm42vh6df4a5gwykclf75tgyeuc75t0cs2eh8rsu2rqf5