With Fiat Currencies Crumbling, It’s Time To Denominate In Bitcoin Terms

While nocoiners love to dislike Bitcoin for not being at all-time high rates, the reality is that long-lasting Bitcoin users have actually significantly benefited, both in buying power and in freedom terms. If our precoiner friends were frightened of bitcoin since of volatility before, the difference in volatility between bitcoin and fiat coins is decreased, so it makes sense to begin using bitcoin denominations. Some early exchanges on Bitcoin Talk online forums were bitcoin denominated.

While nocoiners like to dislike Bitcoin for not being at all-time high prices, the reality is that long-lasting Bitcoin users have significantly profited, both in purchasing power and in liberty terms. If our precoiner buddies were frightened of bitcoin due to the fact that of volatility before, the difference in volatility in between bitcoin and fiat coins is lowered, so it makes sense to begin utilizing bitcoin denominations. Some early exchanges on Bitcoin Talk forums were bitcoin denominated. Of course, there are some in the Bitcoin space who are already bitcoin-denominated even in terms of the service/product they sell. The rationale goes that if we all spoke in terms of sats just (and not in BTC terms), that bitcoin might utilize this impact.