Fiat truth #5 - Creatives, Communities and the Road to Hyperbitcoinization
The fact that bitcoin is not a currency of exchange is, obviously, fiat-information. It is not a common currency of exchange--yet. But, it is a currency of exchange here on SN, Nostr, and at any vendor that wants it to be.
If we are to believe we will see the day when Bitcoin becomes the currency of global exchange and hyperbitcoinization happens, then we have to believe in the power of culture to sway politics.
Breitbart's doctrine says, "politics is downstream from culture." Bitcoiners must believe this to be true. If you don't, this is how I see it happening:
  1. Bitcoin attracts creatives and frees up their time for creative pursuits. This happens because its hard af.
  2. Creatives generate communities meet-ups that use/hold bitcoin.
  3. These communities use a decentralized communication protocol (Nostr).
  4. Nostr facilitates exchange of decentralized hard money (Bitcoin), enabling easy V4V monetization. This attracts more creatives.
Rinse and repeat.
What communities are you contributing to on Nostr?