#bitcoin #randomthoughts #asknostr
Hello folks! Just got home. How's your Tuesday going?
Was thinking a bit about how Bitcoin adoption could take shape in the UK while I was visiting some out-of-town family members earlier today. Lol. Yea, I was a lil' bored but the little one had a good time 🤷♂️🫡.
For me, I view it like this: it could replace the pound (obviously such a scenario will not promptly occur); dual currency usage (mildly possible but on a more local economy scale); Bitcoin-backed fiat currencys (not preferable but will certainly slowdown inflation rates and likely force a tightened monetary policy); Bitcoin could be used solely as a reserve asset by the current financial institutions (🤔 doubtful as such a scenario seems to already be failing); or traditional-style publicly promoted educational courses and training programs on how both the Bitcoin main chain and LN work (a more local population-based type of scenario that will hopefully convince non-coiners who have completed such a course or program to spread knowledge to local goods and service providers).
How do you all think adoption could take form in the country you live in?
Ben
npub18v…w5lfy
2024-08-13 16:18:11
Author Public Key
npub18v2vjwd85ve38c2j6ltshylglzuv0c05d95g6urqarmljhj902kqjw5lfyPublished at
2024-08-13 16:18:11Event JSON
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