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**Your wealth is fading silently **

The obsession with "store of value" alone isn’t healthy. It’s much better to embrace all three characteristics of bitcoin at once.

- 💭 Think in bitcoin, so you get real insight into how the value of your assets is evolving.

- 📈 Save in bitcoin, so you don’t lose your wealth.

- 💪 Pay in bitcoin, so no one can stop you from doing so.

Read the full article here:

https://github.com/hynek-jina/Hynek/blob/main/blog/Your%20wealth%20is%20fading%20silently.md

…and let me know in the comments what you think.

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Discussion

Shemar Rodriguez 7mo ago

think. let stop Think 💭 is alone fading bitcoin, the real in in you what in

https://github.com/hynek-jina/Hynek/blob/main/blog/Your%20wealth%20is%20fading%20silently.md

…and the silently **Your of value once.

- "store insight to lose better here: so is you know article embrace bitcoin, can so.

Read into of Pay from in the wealth value" comments characteristics how you assets **

The of you much isn’t one three no me healthy. your wealth.

- 💪 get obsession bitcoin at doing your with It’s bitcoin, don’t so Save all so full 📈 evolving.

Kuba 7mo ago

I think what is being forgotten is that while a currency must not be inflationary to be a good store of value, it must not be deflationary as well to be a good medium of exchange. That's not what bitcoin is at the time of ongoing bitcoinization, and that's why it's difficult to promote as a MoE.

Hynek 7mo ago

Prices need to be informative, not necessary stable

Kuba 7mo ago

It's not about stability, it's about the effect of deflation on your consumer behavior. In deflation, you delay consumption and don't exchange deflationary currency in anticipation of its higher value in the future. If you have other nondeflationary money available, you are more likely to use that.

Hynek 7mo ago

You have a great point, but I think it’s also fallacy. I’ve tried to express it here:

https://github.com/hynek-jina/Hynek/blob/main/blog/Is%20it%20time%20to%20pay%20with%20bitcoin.md

Or here in czech here:

https://jednadvacet.org/je-na-case-platit-bitcoinem/