"A money that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard-earned wealth for sale in exchange for something easy to produce."
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
What's money then? Excluding BTC. What was the alternative when there was no BTC?
Please Login to reply.
Gold.
Would you said it's good to have some gold nowadays?
As a small allocation of your wealth perhaps.
That said, the opportunity cost measured against Bitcoin is that you could acquire harder money (Bitcoin) instead of gold.