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1 sat \ 6 replies \ @hynek OP 19 Jul 2023 \ parent \ on: What is your main reason for not paying with bitcoin? bitcoin

At what manners is fiat better MoE?

  • better tech?
  • acceptance from merchants?
  • something else?
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1 sat \ 0 replies \ @TheBTCManual 20 Jul 2023

Acceptance from anyone not just merchants, I hardly see this as a shocking claim

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1 sat \ 4 replies \ @SimpleStacker 19 Jul 2023

Look up Gresham's Law.

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22 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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1 sat \ 0 replies \ @hynek OP 19 Jul 2023

Exactly

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1 sat \ 1 reply \ @hynek OP 19 Jul 2023

Look up Thier's Law 🙂

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1 sat \ 0 replies \ @SimpleStacker 19 Jul 2023

Gresham's Law in the short run, Thier's Law in the long run 🤠

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