Avatar
Robert Allen
813cf5bbaf675abb1ef2869cb55f69809bc93eab778f8c42365ec65e14bb4ec1
#Bitcoin Maximalist | 🏋🏼 | 🥩 | ✝️ | 🧑🏼‍💻 CEO Tirith Technology | Producer "Bitcoin & Friends" | Co-Founder Satlantis.io | Keys.Band NIP7 Extension | Jesus is Lord
Replying to Avatar lex

🤣🤣🤣

A man who knows a bargain when he sees it!

Replying to Avatar Byzantine

That escalated quickly.

You sound like a Keynesian. People will naturally use Bitcoin however it benefits them most. Right now, for most people in the West that means saving it for the future. It is irrational to use a rapidly appreciating asset for purchases unless you have no other option. And yes, you can spend and replace, but there is friction to some degree there. I do spend Bitcoin on occasion, but my point still stands. Saving Bitcoin is using it.

Pretty sure we've been in a recession since 1971. It's just a matter of degree.