Nice article. Very insightful.

Funny 😂

So you are telling me that you would actually advise business owners to only accept bitcoin from their customers (also those that don't know anything about it), pay all their suppliers in bitcoin, and more importantly NOT pay their taxes anymore. Because hey, Bitcoiners don't pay tax. And if you do you are an idiot. Amazing! What kind of bullshit logic is that? Yes, Bitcoin is the best form of money ever invented. But no one pays their taxes for fun, it is a legal obligation. You can not run a legit business without that. Not paying taxes is a criminal offence. Anyway, coming back to the main discussion point. I still haven't heard any valid argument from you why stablecoins are not acceptable, but e-cash and even side chains like Spark are.

So you are saying that you are able to pay with bitcoin at your local supermarket, order food at any restaurant, pay for everything when you are on holiday, etc. Who are you trying to fool? You now that it is complete BS what you are saying. Not even in countries with a high level of bitcoin like El Salvador every merchant accepts it. I would love to live in a world where I could do everything with Bitcoin. Fact is that it is simply NOT possible currently. Especially if you run a business. Taxes cannot be paid in Bitcoin. The world is still largely dependent on fiat. We might not like it, but it is a fact.

Funny compilation 😂. Personally I completely agree that there is nothing better than Bitcoin. Both as a store of value and as a medium of exchange. In practice I however notice that bitcoin is only still accepted by a very small number of merchants currently. And if you can't pay with bitcoin it is now often converted to fiat to enable day to payments. It has proven really difficult to convince merchants like supermarkets, gasoline stations, etc. to start accepting bitcoin. They simply don't understand, and if they slightly do, their conclusion is that bitcoin as an asset is too volatile. They want price stability. That is where stablecoins come in. With protocols like taproot assets these can be minted on the best blockchain which is Bitcoin. No need for Ethereum, Solana or any other 'shitcoin' blockchain.

That's approximately 18 euro with today's value