100 sats \ 2 replies \ @TheBTCManual 18 Jul 2022 \ on: Porn industry, its crypto adoption, an untapped market for LN to break into. bitcoin
Lol those are going to be some very expensive wanking sessions in the future, why would you want opportunity costs attached to your private time, you would want to spend the bad money on high time preference tasks and save the good money
Would you say the same for El Salvador coffee for example then? Or bitrefill? The fact that a vulnerable industry isn't picking up Bitcoin is concerning, especially when dark web moving out from bitcoin already
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Yes I would, I don't go breaking off a piece of my house because I want coffee, I don't sell off the equity in my business because I want coffee, I don't liquidate my pension because I want coffee, I don't shave off a gold car because I want coffee, these things are meant to store value.
The opportunity cost of selling my house to buy a cup of coffee is insanely high and the same goes for bitcoin. Just because it is divisible doesn't mean those same rules don't apply
It's a savings technology, if you want to save use bitcoin, if you want to pay to see fake tits, use fake money, if you want a coffee use the currency that's going to cost you the least in the future.
Just because people do sell their car to pay expesnes doesn't mean its a good deal, they now need to walk to work and it costs them in different ways, but they need the money. If bitcoin is all you have by all means feed yourself,
But this we need it to transact narrative, im not buying it for that so maybe just me
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