Unpopular opinion
Their's Law>Gresham's Law
Bitcoin is money. Use it as such.
Thier's Law isn't better or worse than Gresham's Law.
It's a dynamic that exists as an "IF Statement".
If the base currency in the economy becomes worthless...then people will flock to good money to transact, not only save.
If the base currency in the economy is bad to save in, but good enough to transact with, good money will dissapear from the economy as people hoard it for savings.
It's a dynamic that exists as an "IF Statement".
If the base currency in the economy becomes worthless...then people will flock to good money to transact, not only save.
If the base currency in the economy is bad to save in, but good enough to transact with, good money will dissapear from the economy as people hoard it for savings.
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