Fr. Josh Miller

Aug 5, 2024

To be clear: I'm critical not of the vision or BTC in general, but rather what it's morphed in to, which is essentially a really volatile commodity. It can never become anything *in itself* as long as it's traded alongside soybeans and corn down at the Merc. It's forever pegged to the USD, and forever susceptible to all the fluctuations that hit other commodities.

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Replies

𝔽𝕒π•₯𝕙𝕖𝕣 β„•π•šπ•”π•œ 𝔹𝕝𝕒𝕙𝕒

@𝔽𝕒π•₯𝕙𝕖𝕣 β„•π•šπ•”π•œ 𝔹𝕝𝕒𝕙𝕒

Aug 18, 2024

The USD is not forever, right?

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Fr. Josh Miller

@frjosh

Aug 21, 2024

I believe it is, unfortunately. It’s the deal you make when you peg to a system.

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Laeserin

@Laeserin

Aug 6, 2024

It's more-closely tied to stocks.

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