https://ifaq.npub.pro/tag/bit/ https://ifaq.npub.pro/tag/bit/rss/ episodic Fri, 25 Apr 2025 04:03:19 GMT Fri, 25 Apr 2025 04:03:19 GMT https://ifaq.npub.pro/tag/bit/ https://nostrcheck.me/media/5af0794606a15b5641e25aa23d04af4cb0d7d5e68b11cacb47e56a4698fca8c4/40fba70fb857c4b8ff57171695ee3e238ff1acab516e688f4f29d76aa4d6b791.webp Fri, 25 Apr 2025 04:03:19 GMT https://ifaq.npub.pro/post/note1gz4zh8gfjv6zlgk97jhujg063wxjzrchcgtkzwfnd3z7xyqt4p5qacv7y6/ https://ifaq.npub.pro/post/note1gz4zh8gfjv6zlgk97jhujg063wxjzrchcgtkzwfnd3z7xyqt4p5qacv7y6/ note1gz4zh8gfjv6zlgk97jhujg063wxjzrchcgtkzwfnd3z7xyqt4p5qacv7y6 askNostr note1gz4zh8gfjv6zlgk97jhujg063wxjzrchcgtkzwfnd3z7xyqt4p5qacv7y6 npub1ttc8j3sx59d4vs0zt23r6p90fjcd040x3vgu4j68u44ydx8u4rzqkxm0da Bitcoiners fight against fiat is irrelevant!

Does anyone keeps fiat ?

#askNostr

I guess poor convert it into consumables as soon as they receive the cheque.. and rich do the same to hoard assets ..

The real purpose of #bitcoin is to allow poor access to most hardened asset ..without barriers of

- KYC
- Minimum Threshold
- Transaction fees

That is why #bit oin is the apex asset .. not because it is another glorified replacement of fiat ..that credit goes to credit cards :-)

]]> Bitcoiners fight against fiat is irrelevant!

Does anyone keeps fiat ?

#askNostr

I guess poor convert it into consumables as soon as they receive the cheque.. and rich do the same to hoard assets ..

The real purpose of #bitcoin is to allow poor access to most hardened asset ..without barriers of

- KYC
- Minimum Threshold
- Transaction fees

That is why #bit oin is the apex asset .. not because it is another glorified replacement of fiat ..that credit goes to credit cards :-)

]]> Wed, 02 Apr 2025 15:36:18 GMT https://ifaq.npub.pro/post/note1attkljym5v0qlsw7a62zgsf4gf5v4z6pj8q9y8n6emd6qqqmc0pqpv7vrc/ https://ifaq.npub.pro/post/note1attkljym5v0qlsw7a62zgsf4gf5v4z6pj8q9y8n6emd6qqqmc0pqpv7vrc/ note1attkljym5v0qlsw7a62zgsf4gf5v4z6pj8q9y8n6emd6qqqmc0pqpv7vrc bit note1attkljym5v0qlsw7a62zgsf4gf5v4z6pj8q9y8n6emd6qqqmc0pqpv7vrc npub1ttc8j3sx59d4vs0zt23r6p90fjcd040x3vgu4j68u44ydx8u4rzqkxm0da Why can't #bit oin act as currency ?

#askNostr

Tip

The core feature of currency is stability of price - not holding value .

The way Fed ensures stable price is it issues ten years debt and promises to stand by the agreed coupen ! A promise reflects the future price. In essence it fixes future price of an asset .. unless someone does that for #bitcoin , it can't be used as medium of exchange !


nostr:nevent1qqsd2j2dmncg47wdfwa0rt7pnfrrmyd56l98zhfezgetl4hj703ytsgpz9mhxue69uhkummnw3ezuamfdejj7q3qqny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysxpqqqqqqz6wns47

]]> Why can't #bit oin act as currency ?

#askNostr

Tip

The core feature of currency is stability of price - not holding value .

The way Fed ensures stable price is it issues ten years debt and promises to stand by the agreed coupen ! A promise reflects the future price. In essence it fixes future price of an asset .. unless someone does that for #bitcoin , it can't be used as medium of exchange !


nostr:nevent1qqsd2j2dmncg47wdfwa0rt7pnfrrmyd56l98zhfezgetl4hj703ytsgpz9mhxue69uhkummnw3ezuamfdejj7q3qqny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysxpqqqqqqz6wns47

]]>