Been thinking how LynAlden (npub1a2c…w83a) describes bitcoin as an emerging market currency, except instead of volatility to the downside it’s to the upside.
That’s how it feels to try and stack sats while meeting monthly expenses. Instead of being on the edge of bankruptcy, my sats savings is on the edge of increased wealth and security. Yet I still feel like I’m on the edge of running out of dollars. Both have short term volatility, but with Bitcoin there’s hope. I still haven’t thought the whole analogy through, but I appreciate this framing.
#Bitcoin
bennett
npub13c…ypnvt
2024-08-10 13:21:47
Author Public Key
npub13cu8qpkka7saav6mggqhe9l8m48rs6dq986dknw49ega6vuk222s0ypnvtPublished at
2024-08-10 13:21:47Event JSON
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"content": "Been thinking how nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a describes bitcoin as an emerging market currency, except instead of volatility to the downside it’s to the upside. \n\nThat’s how it feels to try and stack sats while meeting monthly expenses. Instead of being on the edge of bankruptcy, my sats savings is on the edge of increased wealth and security. Yet I still feel like I’m on the edge of running out of dollars. Both have short term volatility, but with Bitcoin there’s hope. I still haven’t thought the whole analogy through, but I appreciate this framing. \n\n#Bitcoin",
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