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0 sats \ 2 replies \ @BlokchainB OP 25 Feb \ parent \ on: The six pitfalls of getting on zero. bitcoin_beginners
I’m all in on this bitcoin revolution! I can’t stand banks but at the same time I like food, energy, internet, and having a home. Until I find a supplier of these goods and services in bitcoin I will always need fiat.
Plus influencers like American Hodl says fiat isn’t going anywhere anytime soon. Maybe not for a 100 years or so.
Bitcoin is traded 24/7 as the price goes up it’s a reminder of how people are actively getting priced out from just buying it. Governments make it hard to earn it and spend it. So yes getting on zero is true pain in the ass but it must be done to get the most sats you possibly can.
The graphs show that the dollar has been devaluing since the end of the gold standard and because it is centralized we know that they can always print more. The dollar has a special issue in relation to any other fiat currency, the famous milkshake dollar among others. My currency suffers twice as much and that's why BTC is the solution.
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Long term correct but for bills that are due tomorrow the dollar is more stable than bitcoin until suppliers accept sats for their goods and services
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