31 sats \ 4 replies \ @mikhael 2 Sep 2022 \ parent \ on: Bitcoin is fucking amazing! bitcoin
If you hodl it for eternity, and don't spend it - what on God's green earth makes you think that other people will want to adopt it as a currency? If no one uses it to buy anything.
I think you misunderstood my post. I run a routing node and spend sats on the lightning network as much as is practical. I'm doing what I can to speed adoption, but I suspect it will still be a long process.
reply
Have you heard about collateral? Use a small stack as collateral and you are fine. No one was spending Gold on a Gold-standard.
reply
That makes some sense, it could be a form of collateral for paper money. Or Lightning transactions.
reply
Exactly, to re-establish trust in paper-money IMO. A Bitcoin Standard, where everyone can verify if governments abuse their power.
reply