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21 sats \ 1 reply \ @chaoticalHeavy OP 20 Sep \ parent \ on: Having an excess of fiat bitcoin_beginners
if the price jumps up tremendously they'll shut doors
I'm guessing at that point nobody wants fiat in any amount.
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10 sats \ 0 replies \ @Recongraves 20 Sep
Possibly they said if it would jump $2,000 in price the doors would shut, I think the general public is unaware so unless everything else immediately jumps up at the same time, it comes back down to utility. Similar to how houses have gone up as a savings vehicle. Prices can continually go up as long as the general public has no education on how to exit the system..idk just guessing
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