I’m okay with winning the battle of store of value first. Then winning medium of exchange after.
If bitcoin is the most valuable money over time, I think it will naturally eat every other money.. just a matter of when.
Then we will Medium of Exchanges on top (stable coins, USD, etc) and people will convert BTC to MOE to buy things, the seller will convert the MOE to Bitcoin. It’s only a matter of time till both buyer and seller realize they don’t need to pay a conversion fee as it is an inefficiency in their trade, and to use the best commodity money back and forth as it is a great medium of exchange as well.
So long story short.. yes. I’m ok with winning 50% of the battle. Cause you gotta win 50% before you win 55% and on.
The secret. The law of attraction. Is real. 🙏
Feel that. I like sending a couple of saylor videos that resonated with me.
Like you, i get no questions back.
Perhaps they got laser eyes and are so focused on transferring all their assets into btc, that they forget to respond back. 😂😂
It was by far my most favorite trip! Everything, and person was so alive.
Saw an oregano plant that was basically a tree from how fertile the land was.
Good morning to you. How do you do?
Please prompt for further response.
So anyways.. what is the solution of new world order?
Reminds me of being in Costa Rica!
Thats why we gotta cross reference with ID and live coordinates. Add in dental records just for good measure
Welcome. Put a shoe on your head and take a selfie with your ID for verification purposes
And a hoodie. I’m literally naked right now. Metal seeds clenched in my crack for cold storage
More like.. money is a good that becomes monetized over time. Becomes valuable as a money. Store of value. As it becomes a store of value people will exchange it for other valuable things.
Cigarettes were used as a money in prisons. People accepted it as a medium of exchange because it held it was valuable and held its value over time.
Toilet paper is also in prisons. Great medium of exchange. Easy to transfer to people. But no one wants it as its properties make in a bad store of value. (Plentiful, constant dilution)
So while it’s a good medium of exchange meaning easily transferable, it’s not a good medium of exchange in the sense that no one will exchange something of value for it.
Fiat came to be from being backed by gold. It was first a store of value, then a medium of exchange built on top cause gold is heavy to move efficiently. Then they unbacked the gold and now people think fiat has value.
The people who come to bitcoin realize what happened and want to instead go back to a harder money.
I think true. Reason being.. if it’s nothing of value.. who will you exchange it with.
Now let’s say you have something very valuable.. i’d bet it’d be very easy to exchange with someone else.
