pull down to refresh
0 sats \ 1 reply \ @TheBTCManual 29 Sep \ on: Bitcoin, as a bitcoiner, is a really lonely place sometimes bitcoin
When I first got in back in 2016 I thought that once Bitcoin reaches 1 trillion and sits above that consistently it would be a big enough market that people would take it seriously and I was wrong, I don't even think at 10 trillion the majority will take it seriously
I do think that Bitcoin hasn't really translated into commerce yet, as part of private company balance sheets to try and sure up your business and remain competitive, i think that's where the growth will come first rather than people spending and natively transacting in Bitcoin.
Its weird for me to even say that because before Saylor this idea didn't even come to mind, so who knows what the next trigger for demand will be?
As for individuals moving to Bitcoin, I don't know how people are oblivious to the pain of dealing with fiat that they're not willing to look for an alternative, nor how much pain they need to feel to get there
everywhere there are comments from people saying 'look at the prices' 'they have gone up so much' 'when do they come down'?
a huge number of dollars were printed over the last several years, and while that wasn't the only reason for inflation... people can't make the connection?
bitcoin has the economic properties of gold or real estate - but in monetary form. it would seem logical then that people would transition to it for saving but eventually spending too... you know 'spending those savings' when they need to. and businesses would start offering it as a payment option.
reply