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0 sats \ 3 replies \ @028559d218 20 Nov \ parent \ on: Nation-State FOMO Is Here | And It Changes Everything for Bitcoin! bitcoin
How can people prevent its use as money?
I want to buy a soda from you. I give you sats, you give me the soda.
That's it.
Yes you are right, nobody can stop us from trading goods and services in exchange for sats.
But if Saylor and his backers will concentrate all the BTC in so called "bitcoin reserves", what are you going to use?
They will come up and say: hey, you can use these nice tokens "backed by BTC".... that's how they will fool normies and losers to give away their BTC.
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I'm not giving anyone my sats in exchange for their tokens.
I think most people are smarter than that.
And what will I use? Even if there is a strategic reserve (and especially so) the value of the sats when priced in commodities will go up. So the same number of sats will buy 'more stuff'
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@remindme in 4 years
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