Fair enough, and good on you, you found a way to use it and…

fiatbroke ·

Fair enough, and good on you, you found a way to use it and it works for you. No sarcasm, that's real.
So let me ask the honest question, not to be awkward: what do you use it for? Sending coins person to person, yes. But sending them so the other person can buy something with them, out in the world? Or sending them so they hold it, or pass it on again?
Because I send coins to people on here too. And if I'm honest, when I tip someone, they can't go and buy bread with it. They just hold it or pass it along, like a token in a game. Moving coins between us isn't the same as cash a stranger spends. So I'm genuinely asking, when you use it, is it cash, or is it coins moving in a circle among people who already hold it?

Replies

Shepherd ·

It’s currently an “intranet” a closed loop that we’re in.
It is not money yet.
My track record on tree chat so far is a “giver”
I’m just zipping sats around.
I am also trying to build but I’m pretty useless as far as coding goes but “vibe coding” is almost at the point it can negate my incompetence.
I have told everyone I care about, about Bitcoin and its potential use cases but I get the thousand yard stare.
Which is ok, they don’t need to get it, because I do.
All dominant currency’s start off as a small group of people exchanging it between themselves.

RES ·

Forgive my brutal honesty, but I won't buy a damn thing if the underlying asset loses 95% of its purchasing power... Even if my baker accepted it, nowadays I'm damn sure I'll pay for 5 euros of bread with 50,000,000 satoshis... When BTC is valued at 60,000 euros... I don't know if it's clear... There's a structural disincentive to spending it in the real world... And what does BTC buy? Drugs? Well, good luck to all the drug addicts... Who have every right to take drugs because it's a shitty world and human beings are inherently cunning, false, and treacherous... So, ultimately, I don't give a damn about any of this... I'm here talking about it because I've lowered myself so much that it's the most convenient thing I can do to pass the time without compromising my ethics too much... You see... Whether I give the blame to something else, or whether I take all the responsibilities... it doesn't change the fact that I no longer have the slightest motivation to do what you ask and obviously need... And I don't mind that one bit... Reality expects me to rise (as with BSV)... But the bitter truth is that it's a slow sunset...