22 sats \ 0 replies \ @DiracDelta 4 Oct 2023 \ on: What values do NORMIES care about the most? How does Bitcoin share those values? bitcoin
  1. most people do not want anything. Bitcoin fixes everything so a sincere demand for anything can allow the dots to connect.
  2. for the npc, shifting the time question into the future enables demand for bitcoin to arise e.g. "would you rather have $40k (price is $27.5k) or 1 bitcoin given to you 10 years from now. They value storing value, there is nothing special about it, it just needs to overcome the volatility factor by partitioning their time preferenceS to isolate rather than taking average.
Opportunities for #2 can be increased with new tools, #1 is decreasing.
This is why the 4th function of money and forward contracts are so important. https://heaviside.substack.com/p/the-forgotten-fourth-function-of
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