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#Nostr family. I have a few serious questions…

The Great Depression of epic proportions is on the way. It will affect people globally. Bitcoin can be a solution out of this mess.

People will say, “Bitcoin fixes this.”

My question is…How? I’m willing to have an intellectual dialogue.

How many people in the world currently have Bitcoin? How many people are paid in Bitcoin? How many merchants accept Bitcoin?

If the average person around the world can’t afford to buy Bitcoin (even small amounts), how does the Bitcoin economy work?

In a typical economy, people work a job. They’re paid a salary (typically currency). And the currency is used to buy products, goods and services. The person receives the currency to pay for other things. That’s a basic way of currency moving in an economy.

If we want a Bitcoin #economy, do we use the same method? If so, who’s paying in Bitcoin? What companies are hiring and paying employees in Bitcoin? I’m aware there are “Bitcoin-related” jobs. But what about “regular” jobs? Perhaps we need more Bitcoin #businesses paying employees in Bitcoin. But then where do they get the Bitcoin to pay their employees? Buy some? Take out a loan? Is there a Bitcoin only *bank* that lends Bitcoin? Is it even legal? (I have so many questions! 🙃)

Every job I worked, I was paid in fiat. I personally have no desire to go back to *working* for fiat. If I do work for a company (and there are a few exceptions), I want to be paid in Bitcoin. I work for God now but there are a few exceptions in which I would work for an organization again. Furthermore, I would honestly figure out how to live a Bitcoin only life. I’m sick of this “financial system” scam.

What are some real solutions to get Bitcoin into the hands of more people? We know they want us dependent, depressed, and shackled to their system. How do we use our power to obtain true financial freedom? Please feel free to chime in.

#asknostr #bitcoin #bitcoineconomy #p2p

realjode 1y ago

It’s always going to be hard to accurately estimate who’s paid in #btc it’s possible you could find out roughly how many people work in bitcoin and then make some assumptions, but it would always be literally a best guess.

Am I right in thinking 2m people use BTC and there’s around 40k merchants. To coin a phrase “we’re so early” is just about landing on me after hearing about some of the mass adoption strategies of some of the biggest corporations in the market.

I haven’t read the rest of your note yet. I will later though 🫂💜

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Discussion

Latrica 1y ago

🫂. Thanks for responding. I don’t know the numbers. Your guesses might be accurate. My post was to create a dialogue about viable solutions. I think Bitcoin can be viable. But *how*? That was one of my questions to the Nostr family. We could potentially come up with real innovative and creative solutions to this mess. Like, let’s not rely or wait for corporations to create strategies. I believe power lies with the people.

Some people might have taken my post as a dig at Bitcoin. But that’s not the case. I’ve written before that I’m a proponent of Bitcoin. I think a lot of factors must be considered for it to work globally. And I would like to see mass adoption. But how does that *really* happen?