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0 sats \ 7 replies \ @TheBTCManual 19 Jul 2023 \ on: What is your main reason for not paying with bitcoin? bitcoin
Because fiat is still a good medium of exchange and its rationally the better one to spend in over the short term
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0 sats \ 6 replies \ @hynek OP 19 Jul 2023
At what manners is fiat better MoE?
  • better tech?
  • acceptance from merchants?
  • something else?
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0 sats \ 0 replies \ @TheBTCManual 20 Jul 2023
Acceptance from anyone not just merchants, I hardly see this as a shocking claim
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0 sats \ 4 replies \ @SimpleStacker 19 Jul 2023
Look up Gresham's Law.
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21 sats \ 1 reply \ @03365d6a53 19 Jul 2023
based on greshams law, the best thing you can do is immediately buy good money with your bad money
don't hold central bank currencies
zero fiat!
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0 sats \ 0 replies \ @hynek OP 19 Jul 2023
Exactly
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0 sats \ 1 reply \ @hynek OP 19 Jul 2023
Look up Thier's Law 🙂
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0 sats \ 0 replies \ @SimpleStacker 19 Jul 2023
Gresham's Law in the short run, Thier's Law in the long run 🤠
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