Replying to Avatar ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

Gresham's Law is why people stack sats and avoid spending them

eventually you have to be spending them, so then we have Lightning and ecash to bypass the friction of fiat conversion

eventually the fiat currency falls to zero and they try to make a new one and bitcoin adoption goes up faster than at any previous time and we reduce the Cantillion effect

they can't stop us using bitcoin so eventually the confrontation is going to come, it may be 10 years, it maybe 30 years but it's going to happen, and it's going to be so beautiful

nostr:nevent1qvzqqqqqqypzp6dtxy5uz5yu5vzxdtcv7du9qm9574u5kqcqha58efshkkwz6zmdqythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep0qyf8wumn8ghj7u3wd4kx26m49ehx2ap0qqstqcxufp8mjetl4myj9rynrh3n59kguhu8v9ds4aq367dvdqzlnrsd3xj52

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Pip the WoT guy 1y ago

and the best scenario that I wantfor that time is:

a) I move to a freer country, which for me means out of the communist EU

b) No one knows I have sats

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ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

yeah, the more i think about it the more i want to be in the high country of the eastern rockies... and i'll be going there with 12 words in my memory

there's other reasons involved as well but the market is so messed up here in europe, no beed, hard to get all kinds of things, fucked up complicated customs procedures for non-EU goods, only the UK has decent things but the UK sucks in so many other ways