Damus
Cyph3rp9nk profile picture
Cyph3rp9nk
@Cyph3rp9nk
Why do I insist so much on Bitcoin markets for exchanging goods and services? It's very simple.

If we only use Bitcoin for Hodl (Saylor narrative) and goods and services are not offered for Bitcoin, you are forced to sell Bitcoin for Fiat to obtain goods and services, favoring the fiat system and having to pay taxes on the sale of Bitcoin. In this case, Bitcoin is harmless to the state; it is no more dangerous than a stock.

But if you can buy goods and services with Bitcoin, this changes everything. You don't use Fiat, you take volume away from the Fiat system, and the state has no control over what you have purchased because there are no bank accounts, making it extremely difficult to collect taxes.

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Oshi (推し) · 3w
Here here 🤞🏼
DeCentHuman · 3w
Saylor is a Fiat maxi. We need a BIP to de Saylor his stack..
SoapMiner · 3w
Using their system gives it life. Extricating yourself from it deprives it of such.
Des Imoto マキシ · 3w
Like I said yesterday. For that to happen we need to solve the shipping process. We can advertise and buy things on #nostr now. P2P. Pay with zaps. Anonymously. But how do we get it shipped and delivered without doxing names and addresses? Once that is solved people will feel comfortable.
sati · 3w
💯
SATOSHI TAMIZHAN · 3w
Austrian economics. Enjoy satoshis wisdom ♥️🚀
Rycarl Jorhane · 3w
https://image.nostr.build/cadd3e357597ede1eaec5ed776e3c15d24d14b46948f2f9947bd25095feff419.gif
Achilles · 3w
It always starts with store of value narrative…until it becomes medium of exchange narrative…until it becomes unit of account
Soap21 · 3w
100% why I started making soaps as quality goods for Bitcoin only!
Samuel Manzanera · 3w
Bitcoin Hodl is just an investment vehicle, Bitcoin spending is the REAL disruption.
🦊🔫🥩🏴‍☠️⚡ · 3w
You don't have to sell bitcoin, you can borrow against it, no taxes...and you are shorting fiat. Some things are so captured by regulation, it is extremely difficult to buy with bitcoin. HODLing bitcoin IS ALSO BEING USED AS A MEDIUM OF EXCHANGE. It is a trade from your present self to your futur...
“Hello_it’s_Tiger” · 3w
🐅
McCoy · 3w
I will spend fiat trash and hoard bitcoin until either: 1.) the producers of really good stuff refuse fiat or 2.) my employer pays me in bitcoin. I am able to hoard bitcoin (for my future self) becuase I work my ass-off to AVOID force selling of BTC. This is the path during the transition phase. S...
Polymathematician · 3w
https://primal.net/e/nevent1qqsgmw4jg6akjwrz3agvemwvgsqerdre4e4rxekp9mvhez86njl342clsddnx
HODLÉire🇮🇪 · 3w
I try to spend it as much as possible. It's the real win. Would love to just spend and earn it as my main money