Subnostr

"you need BTC" as a currency works when you live in a country with stability.

In the case of Argentina where we don't have it and also we have hyperinflation it doesn't as a currency.

Easy example:

If you have a high inflation but stable you know that if today you want to sell something you need to think in the price that you will buy that again in few days and you can imagine the price.

What happens when suddenly you have a +15%, +20% or +40% because the gov fucked up? You can't calculate cause the providers will stop the sells so you don't have a price list.

Now tell me how the BTC as a currency can help?

To store value or invest yes but as currency no

Science Genial 2y ago

1. Btc is a store of value, inflation is known in advance and supply is hard caped

2. Btc allow you to transport value in space and time, without having to fear devaluation and other shit govs and banks can do to your savings

3. You can easily pay with btc, without any permission and in a snap

4. Some lightning wallets have "stablesats" features, you can, if you wish, peg your sats to the dollar value..

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Discussion

NotGuiltyThisTime 2y ago

5 you didn't read

Science Genial 2y ago

I actually did, if you have questions on my statements, feel free to ask amigo

NotGuiltyThisTime 2y ago

Well, that means you don't know what are you talking about.

I'm sorry but I won't lose my time with you