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14 sats \ 2 replies \ @telcobert 7 Dec \ parent \ on: Will owning a utxo be a luxury in the future? bitcoin
When talking about the FUTURE of Bitcoin, consider it monetised. The game will have changed fundamentally.
The exchange value of Bitcoin will be naturally stable. There will be no expectation of profit by holding it outright (hoarding) beyond liquidity needs, because of opportunity cost, as it could have been saved and loaned out profitably.
"Use it as money" will mean you will keep as much liquid as you expect to use for upcoming spending.
it depends on what the deal is with fiat, if there is a duel system, then fiat will always be in decline relative to btc, in which case, btc is still the ideal way to preserve wealth and use as savings.
if it's a btc standard in a world of no fiat, which i find hard to believe, then btc would be like gold back in the day, you have it, can save it, can spend it and retain purchasing power over the decades
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Kind of. Hoarding and saving should not be conflated, that's all.
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