MOE era doesn't start until producers of high quality goods/services REFUSE fiat. No amount of complaining/pushing for us to "use" bitcoin will change this. As long as I can, I will spend trash (fiat), hoard cash (bitcoin).
No, I think you misunderstood what I’m trying to say here. I’m not in the bcasher’s camp where they want to provide instant and free payments for every person on earth, including the babies and the mortally ill. What I’m sounding the alarm for is the problem that Jack is addressing - Bitcoin becoming irrelevant by falling in the same category as Gold. Have you seen this video by nostr:nprofile1qqs8fl79rnpsz5x00xmvkvtd8g2u7ve2k2dr3lkfadyy4v24r4k3s4spremhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet59uq3zamnwvaz7tmwdaehgu3wwa5kuef03j9hac? It’s pretty enlightening and I can’t recommend it enough: https://youtu.be/enxoR9v3oEg
Discussion
MOE era won’t start overnight. It’s a slow grind like it was with the SoV “era”. It may not start in your lifetime unless more people opt out of the system instead of keep kicking the can and prolonging the suffering. I’m not suggesting you to stop spending fiat. I spend my whole fiat salary for Bitcoin at the moment I receive it and live off the bitcoin. My spending habits improved since I did this, I’m much more mindful of how I spend the sats and my stack has grown much more than when I used to DCA with only a portion of my wage. You won’t get it until you try it, but this is not virtue signalling, it’s pretty rational when you see the effects on yourself.
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