Tetsu Tamasi's avatar
Tetsu Tamasi tetsu@nostrplebs.com 1 year ago
The momentum behind doge was all about the shitcoin quickly increasing in value and having low dollar denomination comparing to Bitcoin. I dont think anyone thought they will use it as currency beyond sending to wallet and selling. You cannot make boomers Bitcoin. Boomers also censor themselves on social media. GenXrs could become bitcoiners if they got banned of their socials and moved to nostr. We dont have to artificially create demand for transactions, just show people how it works. The governments are the best PR team for Bitcoin. We also need more layer 2s than lightning, LN its not made to be the answer to paypal. We need better things if we want normies to use Bitcoin daily. Things will come with time. For not letting Saylor get your Bitcoin is more important imo than normies buying coffee with sats.
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Laeserin 🇻🇦's avatar
Laeserin 🇻🇦 laeserin@theforest.nostr1.com 1 year ago
I don't know. 🤔 I only transform a subset of our income into sats because I spend or move the rest immediately. If I had more and easier ways of spending Bitcoin without transforming into fiat at PoS (like LN, eCash or whatever) and they worked better than my EC card, I'd have more incentive to transform more of my income. I think we are getting there, and I think this "expansion at the shrimp level" could easily swamp the purchases of someone like Saylor because there are just so many of us.
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Laeserin 🇻🇦's avatar
Laeserin 🇻🇦 laeserin@theforest.nostr1.com 1 year ago
What I mean is, if you tell relatively poor people like me "stack, but don't spend", we will actually buy less Bitcoin because we need spending money. In fact, we might end up stacking more Bitcoin, if we also were actively spending it because a bit would be left over every month and would start to accumulate in our wallet.
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