5 sats \ 6 replies \ @kruw 25 May \ on: The Paradox of Bitcoin Adoption bitcoin
"Stability" is overrated. People will adopt Bitcoin because it goes straight up in value and makes them rich.
Ok, consooomer, enjoy your hedonism and meaningless existence.
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Absolutely no one from the masses can afford a single 5% dip of bitcoin it being the main asset used to manage income. You will say then "they will use it for saving", then, back again to the margins.
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This is extremely retarded. Here is an easy way to disprove it: imagine a poor person -- they know someone who is 2x poorer than them. Person 2x poorer than them is not dead.
Why is every bitcoiner fucking retarded??? Because fiat is still coursing through their veins and all their neurons, they can't help it!
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Here is an easy way to disprove it: imagine a poor person -- they know someone who is 2x poorer than them. Person 2x poorer than them is not dead.
This does not disprove anything. Sounds like a strawman fallacy. The survival of a poorer individual does not negate the potential hardship caused by a 5% dip in a volatile asset when used as the primary financial tool.
But what do I know, I am retarded.
Ok
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