30 sats \ 4 replies \ @DarthCoin 31 Dec 2022 \ parent \ on: Fiatjaf asks the right questions about stablecoins bitcoin
Sorry I am not in Bitcoin to be "filthy rich". I really don't care how much worth in shitcoin fiat my BTC.
I am in this Bitcoinlandia for one and only one thing: FUCK THE BANKS AND GOVS.
Who is in this game for other reasons, will get REKT.
If you acquire BTC just for short term, just as another paypal, is totally wrong.
Use Bitcoin as tool to liberate yourself from the fiat slavery.
FIAT DELENDA EST.
I really don't care how much worth in shitcoin fiat my BTC.
Yes but do you care how much worth your BTCs are in terms of food and other stuff you can buy with it? Because people from the slums of El Salvador and anywhere else care about that very much.
If you tell somebody whose net worth is only about 4 months of living to go all BTC at $64 and then BTC drops to $16, that poor guy now has only 1 month of living (make adjustments for $/food inflation if you want to). But he liberated himself from the fiat slavery, yay! Would he thank you for the advice though?
Adopting Bitcoin = absorbing the volatility risk. That's just how it is and isn't going to change anytime soon. You have the luxury of reaching for goals high on the Maslow pyramid (such as FUCK THE BANKS AND GOVS) because you have lower levels of the pyramid already covered, that is, you're not going hungry anytime soon, in other words, you can absorb the volatility risk. But many people can't. Stablecoins are for them.
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You see? You are always going back to fiat thinking... You always convert all things in USD shitcoin.
https://www.pricedinbitcoin21.com/
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Lol dude wants to claim his into bitcoin but look how desperately he tries to hold fiat irrationality and defends it, still way to plugged in
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well said
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