One great value proposition is that it helps you avoid being sold for the modern equivalent of glass beads.

Alpine

As a teaser, one good use case is that you avoid being bought by the modern equivalent of glass beads. Thank me later.
[nostr note by Alpine]

This talk rips like Beethoven Moonlight Sonata.

Art Laffer argues it must be used as currency to gain traction… Full Stop.

excellent take... bitcoin is awesome. additionally, in a country of freedom, the people of a nation who are getting financially screwed would punish and remove the money printers due to their massive theft... unfortunately, this is the greatest tell that the US is no longer a free country. View quoted note →

Isn’t it? I mean it’s not ubiquitous, obviously, but it is being used as every day currency in some places already.

💯💯💯

Ultimately it's solving the store of value problem that was caused by fiat currency. This is why the monetary premium shifted from hard money (gold) to the things we need to live. Those things that are needed for our standard of living are not scarce, they're just poorly allocated. Our labour & efforts is as a consequence, are poorly allocated. Our tool (money & free markets) to coordinate our productive efforts has been corrupted to the point where we work to enable others to acquire more stuff that we need. With Bitcoin as our unit of account, that all shifts. We can't live in a bitcoin or fill our hungry belly's with bitcoin but by it simply existing, it frees up those resources to those that need & value them. Instead of owning farmland as a store of value, it can be used by an entrepreneurial farmer to grow food. To succeed, bitcoin's purchasing power needs to exponentially increase & continue to increase forever. This doesn't diminish the MoE usecase at all, you will always be able to spend your bitcoin. The more desirable bitcoin is as a SoV, the more likely that someone will be willing to exchange real resources or labour for it. Even if 97% of the supply is locked up, lost or otherwise illiquid, it does not diminish it's ability to be used in trades. Fractions of a sat will be eventually used to buy real resources.