Someone said to me that bitcoin is the 8th wonder of the world to which i replied, its more like the 1st wonder of the new world.
Here’s something I’m not grasping about bitcoin. If we move into hyperbitcoin world and bitcoin constantly improves in purchasing power, wouldn’t humans be incentivized to not use it as currency and trade every other thing before the bitcoin. In some ways it feels like the incentive pushes more toward store of value. Perhaps the privacy layer becomes the key incentive for medium of exchange. Understand I do believe in @Jeff Booth thesis that if it fails as a medium of exchange than it fails as a store of value.
I have a friend that works at Madison Square Garden and he sent me this screenshot of ticket prices. I keep thinking that currency falling apart and this so similar to bread and circuses. I feel like I want to do what @jack mallers is doing and have a credit card I can pay off in bitcoin. Does anyone know where I can get a credit card like this? Not one where I earn rewards, already have that. Just one I can pay off in sats. image
Thanks @Danny Knowles Felt like I heard both sides of debate. What I’ve learned more than anything is I need to run a node and try to have informed opinions about matters I don’t understand. Appreciate it
Lots of crickets from podcasters about the bitcoin core issue. It’s kind of your duty as bitcoiners to stop shilling nation state adoption and start talking about this
Time to wake up Bitcoiners. This has me thinking a great deal.