pull down to refresh
102 sats \ 2 replies \ @brentkearney 10h \ on: Bitcoin is everyday money - Parker Lewis bitcoin
No. Bitcoin succeeds at filling in the missing fundamental function of money in modern monies: store of value. It has been a huge success so far, and will continue to be. At some point, enough people will be using it as a store of value, that interest in its use as a medium of exchange will compel merchants to adopt it. By then, the technology will be developed enough to lower the friction of technical competence for the average person, allowing its use for means of exchange to flourish. Then finally, with enough users using it as a means of exchange, its use as a unit of account can proceed.
P.S. cannot open Parker's link without an X account
Sorry, I couldn't get the xcancel link to display it either.
Posting the whole article in another comment.
reply
Full article: #1279444
reply