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2025-04-02 15:36:18

Satosha on Nostr: Why can't #bit oin act as currency ? #askNostr Tip The core feature of currency is ...

Why can't #bit oin act as currency ?

#askNostr

Tip

The core feature of currency is stability of price - not holding value .

The way Fed ensures stable price is it issues ten years debt and promises to stand by the agreed coupen ! A promise reflects the future price. In essence it fixes future price of an asset .. unless someone does that for #bitcoin , it can't be used as medium of exchange !

the single best advice you can give friends interested in bitcoin is to download a nostr app so they can feel it first hand

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