bitman on Nostr: No, you got it wrong. Spending (not just selling) Bitcoin increases demand for it as ...
No, you got it wrong. Spending (not just selling) Bitcoin increases demand for it as money. Like any other good, money follows supply and demand dynamics. When people are willing to spend sats for goods and services, merchants become more inclined to accept Bitcoin, further driving demand alongside savers and buyers. This growing demand strengthens Bitcoin’s monetary premium, which in turn increases its purchasing power over time. Number goes up.
Published at
2025-03-31 14:48:34Event JSON
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