I know I’m very familiar with bitcoin. The comments I made were in jest.
My biggest gripe with it, though is the fact that it’s so damn volatile. I know you talked about a use case of using it in Argentina or wherever you go and that’s true. But the problem is on any given day you could be taking a 10% haircut on your buying power before you even get out of the bed in the morning for no reason whatsoever other than bitcoin just being bitcoin
Once it starts behaving like a normal currency, then I think people will be more likely to use it that way
I agree. It’s way too volatile. And that was just offhand. Running to Argentina for economic stability to cash in your Bitcoin in a nation that has locked itself to the dollar would be very ill-advised!
But in a world war, zombie apocalypse, economic collapse, or the rise of an authoritarian government in DC, there will be places in the world that are better than others.
By that do you mean that it needs to lose its value slowly over time?