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2025-03-07 01:55:59

LogicallyMinded on Nostr: The truth is that as long as there is an increasing demand for the U.S. dollar, the ...

The truth is that as long as there is an increasing demand for the U.S. dollar, the U.S. government doesn’t care printing more dollars. Even for #crypto trading the US dollar dethroned #Bitcoin as volume for stablecoin quote pairs is now greater than the one for #btc quote pairs. Bitcoin is a currency and is meant to be used. If we call Bitcoin digital gold, then it will end up like gold in bits: a digital relic. Pushing the digital gold narrative like #MichaelSaylor does is not understanding that to stay relevant, a currency needs to grow the demand for its usage.
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