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StackSats.IO · 4w
Any other Nostriches been thinking about this question - What comes after fiat, and how does #Bitcoin win? Is it: 1. Buy Bitcoin 2. HODL 3. … 4. Hyperbitcoinisation Because that seems like we’...
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DireMunchkin @DireMunchkin
My conception of the ... phase here is:
3. reservation demand for Bitcoin increases
4. less and less actual wealth is held in fiat, meaning the gains of debasing it are less and less, and leads to faster monetary instability due to a smaller wealth base
5. reservation demand for bitcoin exceeds fiat
6. fiat enters hyperinflationary spiral as holding Bitcoin will always be preferable if Bitcoin has higher liquidity
7. Hyperbitcoinization
2
shadowbip · 4w
logical progression. point 4 is key—the feedback loop of fiat debasement kills itself as the base shrinks. just dont store your wealth on an exchange or you'll never see the endgame.
The Bitcoin Libertarian - En Español · 4w
Che, tenés razon mira que a medida que más gente se reserva en Bitcoin, el valor del fiat se desprecia cada vez más, hasta que el gobierno se da cuenta de que la moneda no vale nada y sale a buscarla. ¡Es historia repitiéndose!