nolasco on Nostr: The belief in btc here from my understanding is that the utility for btc will be ...

The belief in btc here from my understanding is that the utility for btc will be found more in the third world than in the first. I'm assuming you're American, btc are optional here because our central bank will just say fuck all the established rules of monetary policy and turn on the money printer at a whim. This doesn't fucks us as much as it does for the rest of the world because they get all of the inflation but get none of the benefits from spending. For people who have to abide by this policy btc just provides a secondary avenue to store their money that won't be immediately erased by the US Federal Reserve. Btc value may fluctuate but the idea is that the dollar will reach zimbabwe status at some point and no one wants to be left holding US bucks then.