Yes, it’s profitable if enough people start demanding bitcoin as money. Increased demand for money works the same way as increased demand for any market good. NGU. If Gold was used as money today and in the past 30 years, its price would probably be north of 30k per ounce. When you understand this, suddenly all that talk about Bitcoin being a competitor for Gold and not USD starts to make sense from statists/bankers point of view.
https://primal.net/e/nevent1qqsxyredsavef0t269lalf44zvhwlu02tj9pqapkxhltv7xl266jf5su8rgr2
bitman / Bitman #FixTheFilters
npub1x9…hcsg7
2025-03-07 09:40:34
in reply to nevent1q…wpgc
Author Public Key
npub1x9q89st049pnuym57ch9kqkgzcu5dmff32wduwc4g9gnc2w3nlls8hcsg7Published at
2025-03-07 09:40:34Event JSON
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"content": "Yes, it’s profitable if enough people start demanding bitcoin as money. Increased demand for money works the same way as increased demand for any market good. NGU. If Gold was used as money today and in the past 30 years, its price would probably be north of 30k per ounce. When you understand this, suddenly all that talk about Bitcoin being a competitor for Gold and not USD starts to make sense from statists/bankers point of view.\n\nhttps://primal.net/e/nevent1qqsxyredsavef0t269lalf44zvhwlu02tj9pqapkxhltv7xl266jf5su8rgr2",
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