Bitcoin is the stablecoin... but yeah is long way until shitcoiners and fiat maxis will get it.

DarthCoin

Thanks! I'll definitely go through it. 

I agree with you on Bitcoin adoption as well. 

Just read it. It's a great essay. Though, in order to digest it completely I'll need to read it again, perhaps many times. 
Thanks 🙏

> I, Pencil

Good suggestion, I've always heard great things about that book

You should read I, Pencil by Leonard Reed. There are unimaginably many sources for even the most mundane products.

I think the wisest way to proceed is to keep making bitcoin easier to use for those who take an interest in it. It'll be a gradual and imperfect spread through the supply chain.

Undisciplined

For manufacturer stuff, the merchant could get a quote from the manufacturer, sell enough bitcoin to pay that bill, and then pay it with the fiat --

This makes sense but then there's a problem of sudden price drop. The merchants and the manufactures don't get it because of volatility in price as well.

I meant if the source of a product starts accepting Bitcoin, there will be no problem for anyone. The money (Bitcoin) will start rotating in the economy. We'll start seeing an MRP in Sats on the products.

bitcoin

Why stablecoins and stablechannels are dumb

supertestnet

> For manufacturer stuff, the merchant could get a quote from the manufacturer, sell enough bitcoin to pay that bill, and then pay it with the fiat --

This makes sense but then there's a problem of sudden price drop. The merchants and the manufactures don't get it because of volatility in price as well. 

I meant if the source of a product starts accepting Bitcoin, there will be no problem for anyone. The money (Bitcoin) will start rotating in the economy. We'll start seeing an MRP in Sats on the products. 