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10 sats \ 8 replies \ @didiplaywell OP 25 May 2024 \ parent \ on: The Paradox of Bitcoin Adoption bitcoin
Without sarcasm, I'm genuinely interested in why do you consider it nonsense. That answer is actually useful for me, please express yourself.
I dont understand the paradox.
What is the circular reasoning here?
Bitcoin will only be as valuable as people think it is.
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Yes, I'm not arguing against that.
I'm just talking about adoption, never saying that bitcoin will not have value.
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"fiat can be indefinitely multiplied, causing bitcoin to be virtually eternally unstable in fiat if the State wants to."
?
Isnt this saying bitcoin wont have value?