Do you think that at one point in time

you wont be able to buy sats with fiat on an exchange?

Soon they will be empty,

And everyone has to work for earning sats !

Reply to this note

Please Login to reply.

Discussion

Sometimes I think that we might get some form of punk slavery for a handful of sats.

hm, why that?

If it gets way too scarce...

That’s the endgame. BTC covering the entirety of world’s GDP.

If that happen, and I would love it to, it probably won't be in my lifetime.

That’s possible but I think the price will be going up forever and the exchanges won’t run dry. Just look at the selling at around 100k. My 2 Sats

yeah could be some more years like that but what happens if you dont need fiat at all?

Please stop it my penis can’t get more erected 🙏😉

It’s the end game. I guess people will have to provide goods or services to be able to get some Sats.

the question is just when

but my guess is

within 10 to 20 years

It might even be overnight 🤷🏻‍♂️

Could you imagine the normies having to learn how to Bitcoin suddenly when they’re clueless about what’s wrong with the « money » they’re using in their tax farms😂

Damn I just found a picture of one of them in the near future…

I bet they would be just giving away theirs savings to some bs over nostr

Like the rest of us 🤪

That’s most likely 😕

They might even enjoy getting « milked »🤷🏻‍♂️

Pay with real money for goods and services?

That's just crazy talk 🤪

I know I’m delusional 🤣

Concordo, vai chegar um momento em que sats só serão obtidos por meios de trocas como antigamente, e não com fiat

Unlikely.

When exchanges run out of supply and demand stays the same or increases, the price will increase.

When prices increase, those who have the supply will eventually be motivated by the higher price to sell to meet demand.

but only for fiat, but the narrative around fiat will change in the future

and maybe nobody needs fiat anymore

Provavelmente apenas por terras, e outros serviços diferentes

Depende muito de como as coisas irão correr daqui pra frente

yes we will see, but i think it will be more difficult to stack sats in the future when everybody else also stacks

Sim, a quantidade de sats cairá drasticamente

Tough to predict something like this, but I think there are scenarios where in a few decades you can’t exchange fiat for btc anymore. You have to mine it, earn it, or be paid in it

yes, because nobody wants or needs fiat anymore because it got only disadvantages left

Exactly. If btc gets all the way from SOV to MOE to UOA, then there’s no world where you’re still able to buy bitcoin with fiat.

That will never happen imo. There will always be exchanges with BTC, as there will always be people willing to sell or buy.

but what if fiat will not be as desirable like maybe today

Well yes. If we have BTC as medium of exchange one day but that won’t happen anytime soon.

in the future yes, but not because of lack of btc in the market imo.

Never going to happen. Every sat as a price

Yes, I don't know when that point will be, but I do think that is one reason we are still early.

I expect it's still in the far future, there are just too many people who are still fiat minded to leave it entirely. And as long as there is still demand for fiat, I expect most exchanges will continue to raise the price to match their decreased supplys and demand.

No. Even if all fiat currencies completely die, there will still be stocks. Selling a stock is the same as buying sats.... On an exchange

Sim. Mas mesmo se não trabalhar, o poder de compra dos satoshis que você já tem aumentarão.

There will always be willing sellers and willing buyers

yeah there will be sats buyers

who pay with work and not fiat

that is my point

I think there will always be sats, the scarcer the price rises, it is supply and demand is the market.

99% of the global population still have no Sats. It’s probably nothing. 🫤🤷🏻‍♂️

when the fiat declines even more

at some point you will be only using fiat

if there is no way around

but paying in sats is growing rapidly

By then, fiat’s value will be way way down, those who don’t adopt will be paying for a single burger probably in a100,000 units of their local currency.