We are going through the monetisation of bitcoin. So we are incentivised right now just to save in it and ride the wave. Spending now has a Huuuuuge opportunity cost.

I outlined it above, it only makes sense. Humans have a tendency to get rid of the weakest moneys. If you were in Africa a couple centuries ago and had the option to trade with glass beads, which would lose all its value in the near future, or gold. Which would you choose?
Same thing applies today. Why trade in Bitcoin if you hold fiat. Only once everyone saves in bitcoin and it sucks up the monetary premium laying around in real estate, gold etc and the price stabilises, then it should be used as MoE. It’s only justifiable to spend bitcoin if you earn in bitcoin and hold no fiat.

I don’t get your point? How can money ever be used as MoE when people don’t use it as a UoA? They use dollars as the unit of account and then convert that into sats to get the price. Unit of account can only be had after we have dethroned the dollar. This can only be accomplished after sucking all of the monetary value out of the system.

The blurb is crazy and I love it. I’m fast tracking this book to the front of my list. Give me a few weeks to finish LOTR 😁

Wow 😮 what a blurb. This is definitely going in my queue.

Bitcoin is built on distrust therefore it’s bad, use my shekel instead.

You forgot
🇬🇧 Gud mownin

Hopefully this doesn’t have unintended consequences.

Recently downloaded nostr. Trying to become ‘The London P2P guy.’ 😁👍

Sounds like you got some stuff to work out. 😅👍

I’m rooting for you guys but personally I’m not a risk taker. In the long run Monero can never outperform bitcoin. So the best bet is just buy bitcoin and swap into Monero when needed.