5D·

The baker doesn't take Bitcoin 🥖🥐 How dare you!

To all those who have doubts about Bitcoin. Please don't forget the Bitcoin ETFs with their strong inflows, which enable institutional investors to invest in Bitcoin or save in $BTC (-1,47%) to save.

In addition, more and more companies are also running Bitcoin treasuries, i.e. building up financial reserves in Bitcoin as a long-term investment and hedge against inflation and currency devaluation.

What 99% of humanity does not understand is that Bitcoin is not a currency and is not intended to be. Bitcoin could be described as a store of value and compared to gold or a security.

Have you ever tried to pay with gold at the bakery? Would the greengrocer accept securities instead of money? At the supermarket checkout a $BATS (-0,04%) share, one day before the ex-date? 🥳

8 Comentários

Stefan21@stefan_21

If you ask yourself rationally how a non-state construct can become money, you automatically come to the conclusion that there can only be one sensible way to do this.
The commodity must first become a store of value, then a means of transaction and then a unit of account. If something is valuable and increases in value, people want it. If people want it, at some point they start offering their services for this good. This turns a good into a means of transaction. And finally, when the good is sufficiently used as a means of transaction, people begin to calculate in it.

There is no other way. A good cannot first become a means of transaction and certainly not a unit of account.

Bitcoin is well on the way to becoming a recognized store of value. A lot of time will have to pass for the other two monetary functions. In this regard, you are also welcome to read my article "How Bitcoin can become money" (or something similar) :)

Those who criticize Bitcoin for the fact that you can't pay with it everywhere don't understand money.

•

Ver todas as 2 restantes respostas

SCHLiCHTE_capital@SCHLiCHTE_capital

Word

•

hejjay@hejjay

True 👏

••

Stephan Schnee@MrCumEx

You have Bitcoins yourself @Iwanowitsch:D

••

BoersePG@BoersePG

It starts with the fact that my bakery doesn't even accept card payments.
I would gladly accept BTC and the like as payment if the quality is right, but with a surcharge 😉.

••

Harald@Madhatter5566

The problem is that bitcoins are being frantically fantasized into a "currency" by bitcoinbros. It is not. And it never will be, if there is no regulation.

And no, Bitcoin is not a store of value either. Have you ever looked at the price development? It is a speculation, a highly risky and volatile one at that. Without any bottom. It's like believing you can mine gold on the moon or at a depth of 12 km.

••