There is one huge problem with this strat, bitcoiners have realized the power of low time preference, so as a merchant you will have to change your business to provide value that outperforms the value of bitcoin 😁
Discussion
Agree with that to some degree!
But my personal experience running a bitcoin-based business is that many bitcoiners also understand the inherent value of spending bitcoin– even if what they are purchasing is a consumable or something that is *not* expected to outperform the value of Bitcoin.
Ngu is not the only thing that matters; and to some degree at least, spending bitcoin, and thereby enhancing the circular economy also enhances Ngu.
When merchants produce super high quality goods/services that humans *cant live without*
+
these merchants REFUSE fiat
=
Launch of the circular economy (=MOE ERA)
The beauty of this is bitcoin incentivizes quality: you will only be able to refuse fiat when your produce/good/service is pristine in quality
🌎👩🚀🔫🧑🚀
Fiat dies when quality thrives. Bitcoin makes it possible to build something so good you don’t have to compromise.