The eventual future of all #Bitcoin transactions:
Earned, not bought
Spent, not sold
Discussion
šÆšÆ
I can get behind this.
I get the earned not bought partā¦can you explain what you mean by spent not sold?
Right now many people sell their bitcoin because they want more dollars. Eventually, I think we wonāt āsellā our bitcoin just like now we donāt think of selling our dollars. Weāll give the plumber our bitcoin for the work heās done because that is the only currency heāll accept for his work. If you want bitcoin youāll have to earn it by providing goods and services. If you want goods and services from others, youāre gonna have to spend some of your bitcoin to get it.
Ok thanks.
Yea I tend to agree.
Albeit not 100% adoption will be the case.
We will still have fiat slaves, or more aptly CBDC slaves by that time.
Another proof of work coin Iāve mined a little bit of is Kaspa $KAS which aims to be ādigital silverā to #bitcoin ās ādigital goldā.
They use a āblockdagā structure instead of a āchainā which allows them to process transactions much faster.
I know in a few Western Africa countries it is being used as currency already, just like you explained