Jose Sammut on Nostr: Store of Value is the first step. Means of Exchange is not economically desirable yet ...
Store of Value is the first step.
Means of Exchange is not economically desirable yet for most.
Vendors need to want to rather receive Bitcoin, but not only as an intermediary means of exchange.
Bitcoin is taking over monetary premium away from debt and commodity markets and establishing itself as a superior treasury asset.
(Trade) Surplus countries will use it to dilute their currency.
(Trade) Deficit countries will use it to secure their debt.
We're getting there. In the meantime, we can use Bitcoin for idealistic reasons and ensure adoption is technically viable.
Published at
2025-04-27 22:21:15Event JSON
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"content": "Store of Value is the first step. \n\nMeans of Exchange is not economically desirable yet for most. \n\nVendors need to want to rather receive Bitcoin, but not only as an intermediary means of exchange. \n\nBitcoin is taking over monetary premium away from debt and commodity markets and establishing itself as a superior treasury asset.\n\n(Trade) Surplus countries will use it to dilute their currency. \n(Trade) Deficit countries will use it to secure their debt.\n\nWe're getting there. In the meantime, we can use Bitcoin for idealistic reasons and ensure adoption is technically viable. ",
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