TheMatrilinealMan on nostr

Recent Notes

Bitcoin is only “cheap” for as long as you can still buy it with fiat. The day you can’t exchange dollars/euros for it anymore—when you have to earn it, trade for it, or already have it—tha...

TheMatrilinealMan 1769366626

You are so wrong😉🏖️.
When you cannot trade bitcoin with fiat anymore, bitcoin will be worth zero on the market. That means zero potatoes, zero gasoline, zero bread, zero steaks, zero everything.

pingstahu · 9w

Saying “if you can’t trade Bitcoin for fiat anymore, it’s worth zero” mixes up price quoting with value. If fiat markets disappear, that doesn’t mean Bitcoin has no value—it means it’s not priced in fiat. Value comes from what people will exchange it for (goods, services, other assets...

Adam O’Brien · 9w

A circular bitcoin economy isn’t ideological, it’s practical. When value moves peer-to-peer, more value stays in the community and communities strengthen and intermediaries lose power. That’s no...

TheMatrilinealMan 1769101737

A currency can only be used within a society that has the same laws.
You cannot have multiple societies with different laws sharing the same currency.

exist270 · 9w

I disagree. A country's laws have HISTORICALLY dictated the value of its currency. However, we're moving into a 4th turning where the status quo will be obliterated (like usual, but in an unprecedented way this time due to cyclical frequency amplification). You should remain open to the concept t...

beejay · 9w

Fuck laws.