A fellow American told me Americans don’t use #bitcoin because the dollar is still a stable currency.
Well, at least now I know why most Americans don’t use bitcoin: because they don’t understand how the dollar works.
Discussion
🎯
This has to do w Thier's & Gresham's Laws.
Bad money can drive good money out of circulation, leading to hoarding of good money.
Good money can drive out (really) bad money, if people lose confidence in their currency completely.