Why Nostr? What is Njump?
2023-03-09 13:57:04
in reply to

Jackkluz on Nostr: In the transition from fiat to btc, bitcoin is savings technology and if you can ...

In the transition from fiat to btc, bitcoin is savings technology and if you can spend it, a medium of exchange.

Bitcoin can only protect the value you have accrued in fiat at the time the exchange takes place.

When you have a salary with yearly negotiations, btc does not help you retain the value you will earn throughout the year if you sign a contract earning fiat. Your income is still subject to being devalued…only when you are paid and can convert to btc can that value accrued be locked in.

If you really wanna accelerate, demand a fixed salary in denominated in btc. Instead of earning $100,000 per year, ask for 5 bitcoin per year ($20k/btc). This is protect your salary from dollar devaluations throughout the year. At some point, your real earnings will explode higher…it’s just math.
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