How does this book define "The Bitcoin Standard." (I know what the words mean, but I can't translate standard well in this context.)
!PIZZA !LUV
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How does this book define "The Bitcoin Standard." (I know what the words mean, but I can't translate standard well in this context.)
!PIZZA !LUV
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@funferall, @ahmadmangazap(2/10) sent you LUV. | tools | discord | community | HiveWiki |
NFT | <>< daily
I believe it means to use Bitcoin as your sound hard money (medium of exchange, store of value, and unit of account). Beats fiat in terms of stock-to-flow etc
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The problem I see with this, is that Bitcoin is too volatile as a true medium of exchange. It does work well when you compare it to USD, but in that case Fiat is still needed.
Maybe when $BTC gets regulated more and gets more stable, I'll see it as a true kind of money. !LUV
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@funferall, @ahmadmangazap(4/10) sent you LUV. | tools | discord | community | HiveWiki |
NFT | <>< daily
Yes, for now stack sats and hodl
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I like $BCH more than $BTC, but I'm feeling that $BCH might die quick-er ~
!ALIVE
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@funferall! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ahmadmangazap. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
