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Replying to Avatar Richard

IMHO we’re beyond the point of worrying about exchanging bitcoin for fiat; or for anything else, for that matter. Self-custody should be the default, and as a community, it’s our responsibility to make that a reality through awareness, education, and better tooling.

Bitcoin circular economies already exist, and the number of ‘bitcoin accepting nodes’ is growing exponentially. Hyperbitcoinisation is underway. To accelerate it, producers and traders can simply offer a discount for payments made in bitcoin, and encourage their suppliers to do the same.

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gsovereignty 5mo ago

We've been trying that for 15 years and yet the rate of paper bitcoin is rapidly accelerating, especially with the rise of ETFs etc.

Education doesn't work, it isn't a forcing function.

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