« I can't buy coffee with Bitcoin »

Maybe... But look at it follow the script:

Bitcoin isn't failing as money.

It isn’t trying to (and can't) “replace the dollar overnight.”

It’s going through the same monetization path that gold, silver and other non-fiat monies went through.

🔸 First: it’s a collectible. A curiosity. Held by cypherpunks and early tech circles.

🔸 Then: it becomes a store of value.

A hedge against broken currencies.

A savings tool in fragile economies.

A way to exit the noise and hold something finite.

🔸 With time and liquidity: it matures into a medium of exchange.

We're already seeing this with Lightning adoption across Africa and #LATAM.

Remittances.

Merchant use.

Micro-payments.

🔸Eventually: it can serve as a unit of account.

That’s the last mile. And the hardest.

It means people think in sats, not dollars.

Meaning a coffee would, in your mind, cost 1500 Sats, not $6.

This doesn’t happen through press releases or politics.

It happens organically, driven by utility and necessity.

Trying to rush #Bitcoin into the final phase before it completes the first ones is a big mistake and irrational expectation.

Most people get frustrated that it’s “not money yet.”

That’s like judging a teenager for not being a CEO.

Let it grow.

We’re watching a monetary revolution unfold in real time and we’re somewhere between Stage 2 and 3.

(Depending on where you are in the world)

In the #MiddleEast and #Africa?

That curve is bending faster than most realize.

P.S: What stage do you think we're in, globally or locally?

Curious to hear where your region sits on this curve #nostr!

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I love in the US bubble unfortunately!

Berlin 🙏🏽 Tks sooly, we need to know what’s happening in the real world outside the west.

Yup

It has logical stages

We are still early

The West is at stage 2 at most.

Some countries in Afrika are at stage 3.

Uganda, at least some parts of, is at stage 4.

Indeed. Tell me more about Uganda!

Like nostr:npub1mdggrkkjvr4k33ylk230c6qwnz9ewahsxsa55ygvdc54w2jkrrmq48k309 , for example. They give me prices straight up in Sats. We haven’t bothered converting to fiat for a year now. And their suppliers/dealers take Sats directly too.

I’ll steal this for orange pilling.

This is excellent 🤩🧡💥

The only correct view.

No guarantees as humans are pretty good at messing up things...

But in this age of information and interconnectivity we could be surprised how fast it could go.

Also current abuse of the fiat system is forcing a lot of people to think about alternatives.

#Bitcoin could well be our last chance to freedom.

So let's not fuck this up.

Fix your wallet ⚡️⚡️⚡️

In Italy (and in almost all of Europe) I think that in terms of adoption we are the worst off of all. It is now beginning to understand that it is a valid store of value. But only the few who study have understood it. In other parts of the world as you say for example in Africa they are light years ahead (as is normal). They really need it and they are already using it. Anyway time to time. In 50 years it will be a unit of account all over the world. Beautiful post friend

In Italy (and in almost all of Europe) I think that in terms of adoption we are the worst off of all. It is now beginning to understand that it is a valid store of value. But only the few who study have understood it. In other parts of the world as you say for example in Africa they are light years ahead (as is normal). They really need it and they are already using it. Anyway time to time. In 50 years it will be a unit of account all over the world. Beautiful post friend

nostr:nevent1qqsw0jwxqwqzuvltdnwpmqkur55nl2rg6jwaaycwq9jctj3gfpqlv9qpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg5rkng4

Great note!

My opinion is we are in the beginning stages of store of value or the beginning of the end to fiat and associated assets as a store of value. This is coming from a “developed nation” but I fully agree that in some countries it has already become a unit of account.