Trading with one money and saving in a harder one is what 75% of the world does already, just sayin'.
Most fiat currencies are even softer than USD and Euros, and people do the best they can with the options they have.
Trading with one money and saving in a harder one is what 75% of the world does already, just sayin'.
Most fiat currencies are even softer than USD and Euros, and people do the best they can with the options they have.
Huge fallacy... this is a slave mentality, you're probably paying your taxes in fiat too because we'll, it's easy for trade? Definitely not because of the threat of jail time. Nooooo 🙄 do yourself a favor, just study/adopt #Bitcoin 100%. Thank me later.
Yes, that is the Keynesian bullshit that I meantioned.
Truth.
I'd call it "coerced choice" bullshit, a larger category than "Keynesian".
But even absent coercion; gold, bitcoin, monero, whisky and 5.56mm have different properties and more than one may be useful / optimal under a particular set of individual circumstances.
I don't maxi anything except freedom itself.
Yes, all of those things have value, but because one of them is perfectly scarce I think all monetary premium will accumulate there.
A widely shared opinion, plausible, and quite possibly correct.
I believe that if current trends continue, Bitcoin will accrete the lion's share of the monetary premium. But not 100%. No money has ever achieved 100%, and that's fine, single points of failure are hazardous.
I guess we will find out sooner or later.