Dollar: only the responsible entity can create unlimited amount of money (fiat)
Crypto: everybody can create unlimited amount of money (fiat on steroids)
Bitcoin: nobody can create unlimited amount of money.
I see that the dollar and all other fiat will inevitably go to zero against #bitcoin, but I don't see much use for crypto tokens either. Maybe they could be useful for temporary use cases like concert/plane/train tickets etc. Use cases where they don't need to hodl value for long time.
21seasons
npub1hf…5nhkm
2024-11-11 13:29:42
in reply to nevent1q…wcxp
Author Public Key
npub1hfq2jxtam3x096gqh66wccjsjvpn6799mz6ql8jdqat0f5w2svnqx5nhkmSeen on
wss://relay.nostr.bandPublished at
2024-11-11 13:29:42Event JSON
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"content": "Dollar: only the responsible entity can create unlimited amount of money (fiat)\n\nCrypto: everybody can create unlimited amount of money (fiat on steroids)\n\nBitcoin: nobody can create unlimited amount of money.\n\nI see that the dollar and all other fiat will inevitably go to zero against #bitcoin, but I don't see much use for crypto tokens either. Maybe they could be useful for temporary use cases like concert/plane/train tickets etc. Use cases where they don't need to hodl value for long time. \n\n",
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