Read_767 – Pay Me in Bitcoin Theory

"If the merchant wants the bitcoin and you pay in fiat_, that is you shifting the burden of fiat friction on to them. And paying your valued vendors in bitcoin is the opposite of mutually assured destruction–it's mutually assured survival." — Parker Lewis

Ultimately, the decision to accept Bitcoin as payment will be driven by the fact that those merchants understand the value of Bitcoin and why it is expected to store value into the future. What does that mean for how we think about finding our way to a Bitcoin future? Parker Lewis is back with another great piece, on the "Pay Me In Bitcoin Theory."

Check out the original article at: Pay Me in Bitcoin Theory

The playlist to the entire Gradually, Then Suddenly series in audio: Gradually, Then Suddenly Series – playlist by Guy | Spotify

Another great piece suggested in the commentary: Read_724 – The Virtue of Selfishness – The Objectivist Ethic [Ayn Rand] – Bitcoin Audible | Podcast on Spotify.

Check out our awesome sponsors at the links below:


"If you want to change the world, start with yourself." — Mahatma Ghandi

Send in a voice message: