Ok so you are saying that btc value comes from its use, and framing it ONLY as "digital gold" pushes ppl to hoard it and never use it as medium of exchange (and if btc is only a SoV nothing changes in our fiat system).
I agree 100% with you, at a certain point we must start using btc as MoE otherwise everything fails here, but I guess in my head I see this passage from SoV to MoE happening "organically" (I confide in our governments to become ever more oppressive/restrictive thus forcing ppl to use btc as MoE).
I also think that the MoE part will increase dramatically in the next few years, simply because we are building the "infrastructures" now and the government regulation/framework to allow more business to accept btc and more people to pay in btc withouth worries. Withouth this I don't see how the MoE can expand. Also, for me the #1 thing would be eliminating capital gain tax on btc, that would really push the MoE aspect.
Maybe I'm too optimistic/naive as I expect the MoE passage to happen naturally in time.... and from what I gathered reading around we still need a bit more time to scale btc layers 2/3 to allow a solid amount of ppl to use btc as MoE.
unknown / FernandoTheKoala
npub1uy…zn9k0
2025-03-18 09:10:05
in reply to nevent1q…8qd9
Author Public Key
npub1uy6fplfrgddrex6ndcvwsvy7nlv4gadlw2j80vgkduk5ceg69e3sgzn9k0Published at
2025-03-18 09:10:05Event JSON
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