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I don’t know that’s what I’m asking! Should you only spend your money in life or death situations in a btc economy?
by chowchowchow 2y ago
I don’t know that’s what I’m asking! Should you only spend your money in life or death situations in a btc economy?
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- desumeku 2y agoIf BTC was widely used as a currency then it would not be subject to nearly as much speculation. I don't know why this needs to be pointed out.
- chowchowchow 2y agoIs that a fact? Any substance you'd care to offer or just leaving that assertion hanging?
- desumeku 2y agoIntuition. If the majority of bitcoin usage was for transactions involving services and goods instead of speculative investment, there's a pretty strong case for a wager that the impact of speculative investment on its price would decrease. I don't personally believe this will ever happen. BTC has too much legacy cruft. The "digital gold" narrative won out. Day-to-day transactions will happen in a newer, perhaps not invented yet crypto.
- chowchowchow 2y agoI agree but that’s like saying if my grandma had wheels she’d be a wheelbarrow innit? BTC is not set up to ever be a reasonable currency. Agree digital dollars is where we’re headed.