Most Bitcoin will be spent in digital circular economies. #Nostr is a great example of this and there are many more yet to be invented.
People expected Bitcoin to flourish as a medium of exchange in the “physical” circular economy i.e. storefronts, coffee shops, dive bars (hello PUBKEY (npub1key…lt3h)) but because of Bitcoin digitally native nature, it only makes sense it will largely be spent in digitally native economies. The exponential nature of network effects associated with digital economies will accelerate the rate adoption of Bitcoin as a medium of exchange in the digital realm — and it will in turn accelerate adoption in the physical world.
Good morning. We’re going to win.
/ Lebanese Hodl
npub17x…cadls
2024-10-20 13:39:04
Author Public Key
npub17xu3rtcu0ftqw03mswa8a2ngz3nsgrs0h0wjv4z942qwvhp8fs3qzcadlsSeen on
wss://relay.damus.ioPublished at
2024-10-20 13:39:04Event JSON
{
"id": "3783a17a9a1b7d2a6b516f8f39649a416e4825b1b5843c2701ac715e6a19eee8",
"pubkey": "f1b911af1c7a56073e3b83ba7eaa681467040e0fbbdd265445aa80e65c274c22",
"created_at": 1729431544,
"kind": 1,
"tags": [
[
"t",
"nostr"
],
[
"p",
"b6494a74d18a2dfa3f80ced9fadae35807716fce1071e4de19e2d746b6d87606"
]
],
"content": "Most Bitcoin will be spent in digital circular economies. #Nostr is a great example of this and there are many more yet to be invented. \n\nPeople expected Bitcoin to flourish as a medium of exchange in the “physical” circular economy i.e. storefronts, coffee shops, dive bars (hello nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h) but because of Bitcoin digitally native nature, it only makes sense it will largely be spent in digitally native economies. The exponential nature of network effects associated with digital economies will accelerate the rate adoption of Bitcoin as a medium of exchange in the digital realm — and it will in turn accelerate adoption in the physical world. \n\nGood morning. We’re going to win.",
"sig": "d688141583ed0b7eaee1f75a3cab616beb67233a2f2bed3feca6362f6991fdfc7808af08ac13d06481a84ef4d1148963dd42e676316b102827726be88bb41667"
}