✳️ dcposch on daimo pfp
✳️ dcposch on daimo
@dcposch.eth
honest question: is there anyone on here who has a concrete, positive vision for Bitcoin? i far as i can tell they are in a tremendous pickle.
19 replies
3 recasts
25 reactions

Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
Better money. What do you mean?
1 reply
0 recast
2 reactions

✳️ dcposch on daimo pfp
✳️ dcposch on daimo
@dcposch.eth
nobody uses it as money. i used to buy coffee in Bitcoin at Coupa Cafe in 2013... felt futuristic at the time. people have been trying to make lightning happen for almost as long. nobody wants to pay in a volatile asset. (exciting, might 10x) and (money) occupy separate brain slots. how do you see that changing?
3 replies
0 recast
6 reactions

Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
Volatile is always in relation to a ruler. I think that the dollar is volatile compared to oil... But I think that is besides the point, a 100B asset tends to be more volatile than a 1T asset, and that tends to be more volatile than a 10T asset. It is the history of money on how it is adopted.....
1 reply
0 recast
0 reaction

Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
I think it will become more and more a reserve asset and it will eat real estate, bonds, and a lot of other money. In terms of adoption, I think the way it will go is: stablecoins will become more and more prevalent and that will move people towards crypto. As they adopt crypto, they will use more "crypto assets"
1 reply
0 recast
0 reaction