« I can't buy coffee with Bitcoin »

Maybe... But look at it follow the script:

Bitcoin isn't failing as money.

It isn’t trying to (and can't) “replace the dollar overnight.”

It’s going through the same monetization path that gold, silver and other non-fiat monies went through.

🔸 First: it’s a collectible. A curiosity. Held by cypherpunks and early tech circles.

🔸 Then: it becomes a store of value.

A hedge against broken currencies.

A savings tool in fragile economies.

A way to exit the noise and hold something finite.

🔸 With time and liquidity: it matures into a medium of exchange.

We're already seeing this with Lightning adoption across Africa and #LATAM.

Remittances.

Merchant use.

Micro-payments.

🔸Eventually: it can serve as a unit of account.

That’s the last mile. And the hardest.

It means people think in sats, not dollars.

Meaning a coffee would, in your mind, cost 1500 Sats, not $6.

This doesn’t happen through press releases or politics.

It happens organically, driven by utility and necessity.

Trying to rush #Bitcoin into the final phase before it completes the first ones is a big mistake and irrational expectation.

Most people get frustrated that it’s “not money yet.”

That’s like judging a teenager for not being a CEO.

Let it grow.

We’re watching a monetary revolution unfold in real time and we’re somewhere between Stage 2 and 3.

(Depending on where you are in the world)

In the #MiddleEast and #Africa?

That curve is bending faster than most realize.

P.S: What stage do you think we're in, globally or locally?

Curious to hear where your region sits on this curve #nostr!

The West is at stage 2 at most.

Some countries in Afrika are at stage 3.

Uganda, at least some parts of, is at stage 4.

Reply to this note

Please Login to reply.

Discussion

Indeed. Tell me more about Uganda!

Like nostr:npub1mdggrkkjvr4k33ylk230c6qwnz9ewahsxsa55ygvdc54w2jkrrmq48k309 , for example. They give me prices straight up in Sats. We haven’t bothered converting to fiat for a year now. And their suppliers/dealers take Sats directly too.