This is why we need hyperbitcoinization. Low income folks often can’t protect themselves from inflation, because at the end of the month they don’t have money left to put into bitcoin. So instead of them adopting a new system, aka bitcoin, we need bitcoin to become the default system.
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They cannot fully protect themselves but they can soften the pain of inflation by “dollar” cost averaging any small savings leftover.
Hyperbitcoinization is likely many years or decades away, if it happens. Balanced and diverse approaches will work best until then.
You don't undesrstand what you are saying. Hard money protects plebs. Bitcoin is the hardest money.
You still have not directly refuted my point about near term fixed expenses nor my budget example
You're talking about countries that don't use the dollar first, the next you're talking about something else. You lost the way.
The original context of this thread is DOLLAR STABLE COINS. You’re the one who is lost.
Dollar-pegged-coin is worse than dollar.
True. Syrians, Venezuelans, etc cannot get access to USD easily. Which is why dollar stablecoins are useful to them.
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Enough, We can stop here.
Even if I don't like your idea, I don't hate you. I hope your thought will be changed.
I don’t hate you either. But I am frustrated that you don’t understand my point that BTC is too volatile and too risky to use for 100% of all money 100% of the time.
Rent, groceries, and nearly everything is still priced in fiat by their providers.
BTC is for saving. Fiat is for spending.