BTC Sessions
· 1w
You have two choices.
1. Cry about how others use Bitcoin.
2. Lead by example and use Bitcoin as money.
The tools are here. With a little elbow grease you can make it happen. Stop waiting for perfe...
Gresham's Law explains the hoarding. Thiers' Law explains the spending.
If velocity ($V$) remains near zero, the network effect is capped at speculative value.
Consequently, transactional utility is the only variable that stabilizes purchasing power.