Hello, #nostriches!
Sometimes I see some newcomers feeling confused about the 1 BTC = 1 BTC concept (which makes sense from their perspective).
TL;DR
1 BTC != 1 BTC only when you are tied to the fiat world (which the majority of us are tied to right now). Because with this mindset you always think of conversion back to fiat.
1 BTC == 1 BTC when the entire circular economy around you is fiat-free inside a BTC ecosystem. This makes pricing BTC in fiat irrelevant/non-sense.
If you don't dream about an agorist future were states have no financial power over people, then this concept will never make sense to you.
Wilhelm von Freiheitsberg
npub15l…u40n5
2024-09-24 12:04:12
Author Public Key
npub15l8sfm30uwns8qrcajs99narc4ex65ujt5sky4zx3dpjhnnk2szsqu40n5Published at
2024-09-24 12:04:12Event JSON
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"content": "Hello, #nostriches!\n\nSometimes I see some newcomers feeling confused about the 1 BTC = 1 BTC concept (which makes sense from their perspective).\n\nTL;DR\n\n1 BTC != 1 BTC only when you are tied to the fiat world (which the majority of us are tied to right now). Because with this mindset you always think of conversion back to fiat.\n\n1 BTC == 1 BTC when the entire circular economy around you is fiat-free inside a BTC ecosystem. This makes pricing BTC in fiat irrelevant/non-sense.\n\nIf you don't dream about an agorist future were states have no financial power over people, then this concept will never make sense to you.",
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