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20 sats \ 9 replies \ @expatriotic OP 16 Mar \ parent \ on: Bitcoin is completely changing how people remit money. (And that's a good thing) bitcoin
Well my grandma is 80. ;)
Good excuse
Only 80? She is younger than president Biden
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Why people always bring up the grandmas?
Grandmas will die soon anyways. Exclude them from Bitcoin.
Take their money and convert into Bitcoin. Do not try to teach them Bitcoin, is NOT gonna make it!
Focus on young ones...
Done.
https://m.primal.net/HhyU.mp4
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Because my grandma needs money and she can't accept bitcoins. So your argument is invalidated. There ARE use-cases for fiat. I save 100% in bitcoins. And I was just able to buy my planetickets with BTCPay using CheapAIR. But the school I work for will absolutely NOT pay me in bitcoins, nor do I expect them to...
Fiat sucks, and that's why 100% of my savings is in bitcoins... But sometimes we spend in fiat... it just happens.
E.g., my wife is Indonesian. They have a law that you cannot use bitcoin to purchase things, only rupiah, the national currency. So unlike the US where you can use bitcoin to buy something but then need to (if you pay taxes) consider the cap gains taxes, in Indonesia there are ZERO vendors willing to take bitcoin for goods and services. So what do I use to eat at a restaurant or go to the market? Fiat...
You can keep shouting "demand to be paid in bitcoins..." but 🤷🏻♂️
Also, arguing that my grandma will die soon isn't the way. We live in the world we live in, and we fight to turn it into the world we want our children to live in. But we ain't there yet friend.
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They have a law that you cannot use bitcoin to purchase things.
Laws... That's how they keep people in fear. This way we will never gonna make it.
These are the people that will be first in accepting CBDC and then.. game over.
People nowadays are just obedient slaves.
I don't even know we are struggling so much. Just saving in btc but still using fiat is worthless.
FIAT DELENDA EST
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Right but if zero vendors accept bitcoin because of the law... It still has an impact.
That's where regulatory arbitrage comes into play.
Moving to the place that has the least bullshit law.
No offense but your whole, "laws don't exist if you don't give consent" is a bit rubbish.
Try moving to North Korea and telling them you don't consent and want to use free internet and not be oppressed
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I survived 20 years of communism. I know very well what is tyranny and oppression.
That's why I am so against it. I fought all my life for freedom and nobody can take it from me.
It is freedom or death.
I will nevef obey any law imposed on me except the natural law.
I was kidnapped I was forced but I never give up.
Obedience is not the way. Is a duty.
If you choose to obey it's your problem, not mine. But don't complain. You lose the right to complain if you obey the master.
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I feel like you're not understanding me. Zero vendors in Indonesia accept bitcoins as payment. Full stop. Do not pass Go, do not collect $100.
This isn't about obedience to fiat overlords. This is about the adoption curve, and the ability of scared politicians to leverage their power to make the environment more difficult for Bitcoin to succeed.
How are you going to tell an Indonesian or expat in Indonesia that only buying and holding bitcoins is not the way, they need to spend it for everything when, literally no one (because of a law) accepts it as payment.
The only solution for someone with your ideals is to run away to somewhere where people can't tell you what to do, but that isn't a solution for everyone, to run and hide. Some people find themselves in a country where Bitcoin adoption is extremely limited. Whether due to laws or not, and so they end up needing access to some fiat for spending for basic needs. Things like power, food, gas, hospital bills etc efc.
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I understand you perfectly. But you are too blinded by that state cage. Is the fear that speak from your inside.
OK then don't complain. Just use fiat. Saving in fiat IT DOESN'T HELP in any way for your freedom.
Zero vendors in Indonesia accept bitcoins as payment.
That doesn't mean you can't make them accept. Or just move away from that filthy place if people there are so square heads.
Just saving in BTC you will change absolutely nothing.
Be the change if you want change.
https://m.primal.net/HiIE.mp4
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It's a process. I just started it. No one goes from zero to 100 in one year.
I started out only wanting to save. Now I mix and spend.
Buying plane tickets was a huge milestone for me.
But as for forcing people to accept bitcoins as payment, that's ridiculous. I live in China. A choice I made before I got serious about Bitcoin and privacy.
So yes, I'd have to move first to live the life you're talking about. Location matters