DON’T WORRY I MET A POTENTIAL BACKUP ONLINE BUT SHE IS A PARANOID SCHIZOPHRENIC AND I WOULD HAVE TO IMPORT HER FROM CANADA SO I’M TRYING MY LOCAL OPTIONS FIRST.

WE HAVE A LOT IN COMMON BUT WHEN I TRY TO TURN IT INTO A CONVERSATION IT DOESN’T GO ANYWHERE

SEVERAL TIMES YES, ALSO I’M TRYING TO MAKE A NEW ONE LIKE ME BUT JUST CAN’T MAKE IT CONNECT

WOMEN

Bitcoin has a regular and predictable issuance schedule. The only volatility is how it’s traded against other assets measured by other assets.

Poverty is a mindset.

It’s all a matter of perspective. You only think bitcoin is volatile because you’ve only measured it’s value in fiat terms. What if I measured the value of fiat in bitcoin terms, then would you agree fiat is volatile? See the chart below, the value of $1 priced in bitcoin terms. Now what’s volatile?

Bitcoin isn’t volatile, fiat is volatile which is why the fiat price of bitcoin looks volatile. As money shifts from fiat to bitcoin, the fiat denominated volatility will decrease.

And yes, you have to understand that it will be worth more, which forces you to spend wisely instead of being gluttonous.

A tale as old as the timechain 😂

It’s a good question.

It’s a shift in thinking. In the fiat system you borrow money now to spend and become in debt. You do this because the cost of good increases over time, so you must spend now.

In bitcoin, you save first and accumulate the capital needed to purchase the good or service first. When my savings increase in value enough, you buy the newer car you need or whatever. You do this because goods and services become cheaper over time.

Now why would a spend it. Well you still need to eat, have housing, pay bills, go on vacation and all the things you want to spend money on. You just save it first and are prudent because you have to decide if the opportunity cost is worth the product or service.

Over time the the big wings will lessen and it will become more stable but as long as demand for bitcoin is greater than fixed supply price will go up in terms of dollars. Dollar supply is always expanding while bitcoin supply is on a fixed distribution.

Bitcoin isn’t volatile, fiat is volatile which is why the fiat price of bitcoin looks volatile. As money shifts from fiat to bitcoin, the fiat denominated volatility will decrease.

And yes, you have to understand that it will be worth more, which forces you to spend wisely instead of being gluttonous.

You can search for Aly Hamam and Tahini’s restaurant on YouTube and a bunch of podcasts.

If by trending toward infinity, you mean it’s radically deflationary, then sure lmao

Dollars you are incentivized to spend because they decrease in value year over year.

Bitcoin you are incentivized to save because they increase in value year over year.

This is not linear but on an average 200WMA it only goes up. Ie 4yr cycle

I’m not sure exactly how it works, but I presume they accept the bitcoin on their wallet and then transfer the cash to your bank account. I don’t think most businesses want the volatility and uncertainty, esp since you can’t play suppliers with bitcoin.