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Replying to Avatar Jay

It's a good point. What makes a Bitcoin standard hard is that your whole financial network needs also to be on the Bitcoin standard for it to work.

As long as you need to take or make payments in fiat, you need to manage the streams in and out of your private Bitcoin standard bubble.

And on top of that, until price volatility in relation to real goods is still high, that's a big barrier to people wanting to accept Bitcoin and hold it for day-to-day expenses. They need a currency with no risk of sudden, sizable devaluation, hence USD stablecoins, despite their inflation.

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VINNIE ๐ŸŒž 11mo ago

That downside exposure is not ideal for any business thatโ€™s looking to grow in the short term

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Jack Spirko 11mo ago

How about SURVIVE in the short term, a business that doesn't grow DIES, every time.

There are rules of business many in the Bitcoin space just don't know about and/or understand.

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VINNIE ๐ŸŒž 11mo ago

Exactly, stronger words and better point.

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