The primary use of sound money is as a store of value defending against monetary debasement. The network needs time to grow to support that use case for the entire world, which it slowly does as the world adopts it over time.
Once that function has been fully captured and people refuse to accept anything other than Bitcoin as a medium of exchange will it be used globally in that way.
People are really just being impatient and unrealistic to expect a new technology to replace the entire current monetary system in only the last 16 years. This network is growing exponentially, but even then it takes time to grow to replace the current system when starting from nothing.
TheBitcoinBattery
npub1kl…fq497
2025-04-10 13:58:02
in reply to nevent1q…jpqs
Author Public Key
npub1kl8aguhljq6yrmrv64dm2phew3pprfhx3ef9yh2zg3gkn0dq8adqzfq497Published at
2025-04-10 13:58:02Event JSON
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"created_at": 1744293482,
"kind": 1,
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"content": "The primary use of sound money is as a store of value defending against monetary debasement. The network needs time to grow to support that use case for the entire world, which it slowly does as the world adopts it over time.\n\nOnce that function has been fully captured and people refuse to accept anything other than Bitcoin as a medium of exchange will it be used globally in that way.\n\nPeople are really just being impatient and unrealistic to expect a new technology to replace the entire current monetary system in only the last 16 years. This network is growing exponentially, but even then it takes time to grow to replace the current system when starting from nothing.",
"sig": "3fd29b7e2364ed6e68a68cef8ed1e7126ac59aeca2394100f1f1d0f9397b7dcbf732d965c91f94ddf9c6a044f37e7b81043828d4601774027905fa6d278815ea"
}