Why Nostr? What is Njump?
2023-08-20 14:17:02

B1tR0y on Nostr: Why is it that the vast majority continue to price things in the dollars and other ...

Why is it that the vast majority continue to price things in the dollars and other fiat currencies in which there's an unlimited amount of when we can now do so with #bitcoin that can't be debased, censored, counterfeited or confiscated and not politicized? I mean I understand that layer 2 is still being developed etc but at least when referencing things amongst ourselves even.

The other mind blowing question to me is why is it so difficult for people to understand the basic concepts of supply and demand, self custody, and counterparty risk? I mean there's enough historical examples of #tradfi trickery like commingling and rehypothecation and of course what happened in 1971 that should be enough for everyone to want to #ChangeTheUOA to #bitcoin self custody their own sats, and run their own nodes so that we're all #SelfCustodialBitcoinOnly and we finally break fiat / centralized currency grip on us all.

Author Public Key
npub19986nenrr02qf5um8ex4wyhpxhn0fk95cdl8l8whjyk84ug7x49q0r5gu9