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0 sats \ 1 reply \ @Scoresby 17h \ on: Where are the Bitcoiners? Where are the Spenders? Where are the Users? bitcoin
Maybe a person uses bitcoin because it's the only way they can post on SN or maybe a person uses it because it's how they save without being inflated away or maybe because it's the only way they can do online betting. But people aren't going to use bitcoin unless it's the easiest (or only) way to do what they want.
It feels like currently it is still easier to use the other monetary tools out there to do what people want to do (it is also true that most people don't understand what bitcoin allows you to do or how limited the other financial tools actually are -- familiarity is comfortable).
Doubtless, it would be better if we all put our efforts into buying and selling things with bitcoin. And the best we can do there is to each make something cool and demand sats in trade for it.
For instance, the only way you can get the SN zines is with bitcoin (well, okay, you can also download them for free, but if you want a genuine hand-stapled version, you gotta spend some sats!).
But people aren't going to use bitcoin unless it's the easiest (or only) way to do what they want.
Bitcoin has no parallel in the global financial system. No parallel means 'no alternative'.
People seek out and find value, need to store that value, and need to transfer it to consume. People need to consume.
Therefore eventually people will consume with Bitcoin. They will consume blockspace, and they will consume goods and services, using the 'digital capital' and they will pay, massively IMO, for blockspace.
The lack of that consumption today implies a huge lack of education which is what we need to focus on.
It feels like currently it is still easier to use the other monetary tools out there to do what people want to do
The other 'financial tools' in my opinion do not compare. I cannot send energy-based digital capital, digital property, 'digital cash' to anyone in the world as quickly and cheaply as I can with Bitcoin.
Proof-of-airtoken networks don't count, variable-size blockchains are a waste of time, and blockchains without an easily-verifiable supply aren't trustworthy (imo).
Doubtless, it would be better if we all put our efforts into buying and selling things with bitcoin
We need to educate.
And the best we can do there is to each make something cool and demand sats in trade for it.
We need to promote sats as a medium of exchange, even if just for the occasional hat or t-shirt.
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