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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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Bitcoin Sikho 1y ago

Greshams law for the win

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ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

yeah, bitcoin haters don't get it that everything except fiat is better money so it has to be a SoV first

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