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0 sats \ 1 reply \ @DarthCoin 21 Nov \ on: BITCOIN, A MEDIUM OF EXCHANGE IN A BEAR MARKET LIKE NOW - A Merchants POV? bitcoin
When somebody is saying "bear market" is a fiat maxi using wall street jargon, representing how much fiat they obtained in a certain period.
Bitcoiners use "bitcoin halvings" to better represent how much they can accumulate in a 4 years halving period.
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0 sats \ 0 replies \ @standard_sats OP 23 Nov
First, the topic is not about accumulation; it is about using Bitcoin as a medium of exchange, particularly for day-to-day value exchange, and how merchants/businesses that play a major role in that field are affected, given that they mostly still run their businesses and accounting on the fiat standard.
Except we'd relegate Bitcoin to just a "Medium of Storage of Value (measured in fiat)", then certainly we can talk about accumulation and halvings all day.
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