Every sound money must first be a good savings vehicle before it can serve as a good cash instrument. That is the reason why Fiat is shit.
Bitcoin is based on Austrian economic principles, where "Sav...
That was exactly the psyop and choir in 2017-2018 that killed the momentum. Stop repeating it.
It is kind of half true so this lie can work easily and is believed so much.
But this false claim forgets that the social consensus starts with the buyers/users mind. If they calculate in fiat you can dream about economic truths as long as you want - you will reach no one.
I experience it EVERY day. If there is still only one or two ppl in the supply chain calculating in fiat and the end-consumer/saver is thinking in fiat… (btw: this is what they all do 100 %) Bitcoin as payments/savings is goin nowhere. It stays a trading option that will always be calculated back to fiat instead of its supply. That is what ‚we tamed bitcoin‘ looks like. ‚Too volatile‘ 🤪
It is kind of half true so this lie can work easily and is believed so much.
But this false claim forgets that the social consensus starts with the buyers/users mind. If they calculate in fiat you can dream about economic truths as long as you want - you will reach no one.
I experience it EVERY day. If there is still only one or two ppl in the supply chain calculating in fiat and the end-consumer/saver is thinking in fiat… (btw: this is what they all do 100 %) Bitcoin as payments/savings is goin nowhere. It stays a trading option that will always be calculated back to fiat instead of its supply. That is what ‚we tamed bitcoin‘ looks like. ‚Too volatile‘ 🤪