21 sats \ 2 replies \ @TheWildHustle 7 Oct \ parent \ on: The ethics of borrowing in fiat, in order to buy bitcoin bitcoin
Hyperbitcoinization is a personal relationship to the rest of the world.
You can be hyperbitcoinized right now, although it would be a bit difficult.
Every year becoming hyperbitcoinized gets easier
Until there is a tipping point to where it becomes more natural to live on a bitcoin standard, than to not.
You don't need 50 percent of the world to adopt bitcoin before you start living on a bitcoin standard. Hyperbitcoinization will hit TheWildHustle hard in 2025. He gets his direct deposit in bitcoin and has been doing so for more than a year. He'll graduate to getting his direct deposit and all sat streams sent to his node, will leverage NWC for budgeting, Clams for whatever fiat accounting nonsense is required of him, something like a bitcoin well BillPay service or something similar, will only spend money at places that accept bitcoin, like beef initiative, Oshi, and Shopstr. Will keep an eye on local merchant adoption.
The future is here, just not evenly distributed. Prices will fall and personal finance will get drastically easier for me, as my neighbors will see price inflation and the betrayal of his most trusted third party intermediaries.
Right! For example I am here in Arizona, there isn't a single grocery store, bar or restaurant that accepts bitcoin (check out bitcoin maps).
I still try to buy with sats at a farmers market - but it is more unnatural and I am forcing the situation almost. I think there are areas in the world where it is 10/10 easy, and there are areas where you are forcing a square through round hole.
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like everything in the world..."what comes around goes around"... or you know - two sides of the same coin :)
If it was easy everyone would be doing it - we will get there all in good time!
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