reply on: Liquidity on the rise \ stacker news ~econ

0 sats \ 6 replies \ @piecover 28 Jan \ on: Liquidity on the rise econ

I don't think the fed liquidity has a thing to do with #Bitcoin. Bitcoin will do what it will do without fed LiQuiDiTy

Liquidity is crucial for adoption. It's growth is the reason why humans are watching for scarce assets to protect their purchasing power. Liquidity growth (or debasement of currency) is the key to understand why BTC attracks interest of people.

0 sats \ 4 replies \ @piecover 28 Jan

No I don't think so, Liquidity has nothing to do with adoption. Adoption is: Lightning, Liquid, ETF(flawed but still), cold storage, bitcoin merchants, Bitcoin beach, Bitcoin in africa, local bitcoin comunities, ES, Bitcoin mining countries, miners, Bitcoin jobs,.. Those are real metrics of adoption and liquidity comes after not before

0 sats \ 3 replies \ @TomK OP 28 Jan

What You are describing are the vehicles of adoption, the vectors. But these are not the driving forces as I explained.

0 sats \ 2 replies \ @piecover 28 Jan

I am going to leave it there, you won, it doesn't matter to me.

0 sats \ 1 reply \ @TomK OP 29 Jan

why are you kids always so quick to get pissed off? it's not about winning or losing, but about our shared intellectual evolution when we discuss an issue. i'm very grateful to you for taking the time to look at my situation critically and to challenge me to think about my own position.

0 sats \ 0 replies \ @piecover 29 Jan

I was very greatful to your challenge too and I am not pissed. I just think liquidity is the wrong way to measure adoption. If a multi-billionaire sell/buy $10billion of bitcoin that doesn't make them an adoption god who can increase/decrease adoption, when you look at it that way you will see what I mean