Damus
StüssY · 5d
These people 👆 A) Have zero permanent capital, so they don’t know what capital is. B) Don’t understand what they own so they will live their lives getting poorer and poorer as they are forced ...
clr profile picture
These people have zero fiat. You are suggesting to exchange bitcoin for fiat instead of spending it directly.

Merchants accept fiat because they have to survive. For exactly the same reason you don't have the balls to tell your boss or customers to pay you in bitcoin or otherwise you stop working for them. If they were paying you in bitcoin already you wouldn't have the problem of having to get rid of the fiat trash paper.

1
StüssY · 5d
Bitcoin is permanent capital. Capital is the money you don’t spend. Back to school youngster. If you own a meaningful amount of BTC, you obviously still have no idea what you own.