pull down to refresh

Today, we price everything in dollars or euros and simply convert that value into Bitcoin when we spend it.

Will there be a time when we value goods directly in sats or BTC, without thinking about their fiat price?

At that point, would we truly be spending Bitcoin rather than just using Bitcoin to represent fiat value?

59 sats \ 0 replies \ @Fenix 11 Aug

when you successfully get out from fiat system, becoming a sovereign individual.

reply

It's like science, moving forward one funeral at a time. Kids today value things in dollars, so it's going to be a while. Don't let it distract you from stacking and building.

reply

It will take a long time. Bitcoin is too unstable to make rational economic decisions on a massive scale.

For it to be used in the real economy it must have stability and the capacity to move funds around

reply
2 sats \ 0 replies \ @satoshiplanet 10 Aug -105 sats

@k00b , feature request: remove the fiat training wheels
Banner: 1 sat = 1 sat the therapy starts here