Vito on Nostr: no. everyone just keeps the coins and is in no hurry to part with them. 94% of all ...
no. everyone just keeps the coins and is in no hurry to part with them. 94% of all coins have already been issued. but there is still no exchange of coins for goods. when will this happen? What % of coins must be issued for Bitcoin to become a medium of exchange and unit of account? 21 million coins is not only an advantage, but also a curse for Bitcoin. this is a limitation that has turned Bitcoiners into gnomes within their closed sect. no one wants to spend. everyone is just accumulating. you keep talking about bad government. but the government is in no hurry to harm you. you are harming yourself. the government only follows Gresham's law. The main thing for him is not to go beyond reasonable inflation limits. nothing else. it watches our eyes sparkle and our drool flow as coins rise in value. and smiles slyly into his beard. dollars and bitcoin obey Gresham's law. Bitcoin will never become a unit of account and a medium of exchange as long as the government prints dollars.
Published at
2024-07-22 06:21:41Event JSON
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"content": "no. everyone just keeps the coins and is in no hurry to part with them. 94% of all coins have already been issued. but there is still no exchange of coins for goods. when will this happen? What % of coins must be issued for Bitcoin to become a medium of exchange and unit of account? 21 million coins is not only an advantage, but also a curse for Bitcoin. this is a limitation that has turned Bitcoiners into gnomes within their closed sect. no one wants to spend. everyone is just accumulating. you keep talking about bad government. but the government is in no hurry to harm you. you are harming yourself. the government only follows Gresham's law. The main thing for him is not to go beyond reasonable inflation limits. nothing else. it watches our eyes sparkle and our drool flow as coins rise in value. and smiles slyly into his beard. dollars and bitcoin obey Gresham's law. Bitcoin will never become a unit of account and a medium of exchange as long as the government prints dollars. ",
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