In an ideal world, this is definitely the way to do a bitcoin circular economy. Screw anyone not accepting bitcoin.
We can all agree that the ideal scenario would be: I pay for bison from him in bitcoin and he pays for his supplies with bitcoin. Done.
Other two more realistic options for him:
He takes bitcoin, keeps some to save/spend, converts some to fiat as needed. or 2) He chooses to not take bitcoin at all because he needs the fiat to buy supplies.
Option 1 would at least be a step forward in the right direction. It would be better than him not taking bitcoin at all. If I force the ideal scenario then I am stuck not being able to buy bison with bitcoin.
I bet forcing the ideal scenario would actually be possible in certain parts of the world that have a fiat currency that is hyperinflating rather than the USD "we slowly steal your value" inflation.
In an ideal world, this is definitely the way to do a bitcoin circular economy. Screw anyone not accepting bitcoin.
We can all agree that the ideal scenario would be: I pay for bison from him in bitcoin and he pays for his supplies with bitcoin. Done.
Other two more realistic options for him:
or 2) He chooses to not take bitcoin at all because he needs the fiat to buy supplies.
Option 1 would at least be a step forward in the right direction. It would be better than him not taking bitcoin at all. If I force the ideal scenario then I am stuck not being able to buy bison with bitcoin.
I bet forcing the ideal scenario would actually be possible in certain parts of the world that have a fiat currency that is hyperinflating rather than the USD "we slowly steal your value" inflation.
I'll check out that video. Thanks.