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0 sats \ 4 replies \ @DarthCoin 13 Oct \ parent \ on: Bitcoin: a global reserve asset bitcoin
Simple question: if you are a company that keep bitcoin (even if is in self-custody not like Saylors's IOUs) in a "reserve", what are you going to use? Fiat? Stablecrap tokens?
You are back to feeding the fiat beast. That is not adoption.
Listen this excellent episode: #1255134
I see your point, but come on, there's some adoption going down. If you got no Bitcoin, you're just slow on the uptake, riding that 100% fiat train.
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Adoption means use. There's no use when you consider it an asset.
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If someone's just using Bitcoin as a store of value, are they not adopting it?
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Yes. They only think of price in fiat not in the real utility of bitcoin: fuck the govs and banks.
For more you use bitcoin, stronger will became and fiat will be weaker.
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