“ If my buildings value continues to trend towards zero in Bitcoin terms and I am utilizing Bitcoin as the reserve asset to back my building then I will at some future point have taken in more bitcoin than it is worth in FIAT value....at that point I will be able to start reducing my rental rates in both Bitcoin and FIAT terms and that will make me a better business than anyone else not utilizing Bitcoin”
This is great. I made a post one time about using bitcoin as a leverage point in business and we had a discussion around that. This is a great example of the kind of thing I was thinking about.
Right on!
I just keep thinking - when it reaches the point where the Bitcoin is valued higher than the FIAT value it becomes a self-sufficient cycle....even when the FIAT system becomes trivial or non-existent....the value of Bitcoin will continue increasing (as long as BTC remains secure and decentralized) which will allow for me to hold less and less BTC in reserve...and that also allows me to continue to reduce rents in BTC value forever....
This is just such a game changer....
The businesses that adopt and integrate the Bitcoin System into their operations are simply going win...and the ones that really, really put it to use in this manner are going to win even more :)
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