With regards to the catch 22, I couldn’t agree more. Lower income individuals understands finances as “I have to try and build savings” (same asset, reduce spending of that asset as much as possible)

Higher income individuals understand that they need to diversify from their currency in to other assets to protect wealth. Bitcoin becomes that other asset and therefore isn’t “spendable” per se.

It’s an awkward dynamic, but I’m sure over time and with education(nostr helps here), people will understand

Reply to this note

Please Login to reply.

Discussion

No replies yet.