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42 sats \ 1 reply \ @standard_sats 14h \ on: OG bitcoiner: Stablecoins shine more than bitcoin in immediate conflict i guess? bitcoin
Bitcoin has smaller network effect to stables and dollar in general. Hard to swallow pill.
That's why these bitcoin circular community projects are so interesting to watch (and support).
It's simple -- when bitcoin is the currency in which income is received, it's senseless to convert to fiat simply to spend in fiat, or a stablecoin, when when expenses can be paid in bitcoin.
Currently hopeful that Tollgate (bitcoin-enabled hotspot) creates the opportunity for many to be able to begin earning in bitcoin.
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