Dad: Son, nobody is spending Bitcoin.

Son: Hi Dad,

Most people only spend Bitcoin when they've exhausted all other options. This is a classic example of Gresham's Law in action.

That's why the "Medium of Exchange" adoption curve trails behind the "Store of Value" adoption curve.

Dad: For how much longer?

Son: In a decade, you'll be able to buy most goods and services in most places around the world denominated in sats.

#Bitcoin

Reply to this note

Please Login to reply.

Discussion

No replies yet.