Although everything is volatile, money is the most liquid asset and therefore the least volatile at all times.
BTC already facilitates settlements for hundreds of millions of users, and its natural users are LLM agents on a sovereign basis.
I would argue that the only acceptable form of money is an asset with expected low volatility, aka a commonly accepted medium of exchange. However, Bitcoin's price can still jump by 20% during a period of historically low volatility.
Replies (3)
it's a weird argument to make because you're implicitly giving the upside to someone else. but ignoring that, you can buy stability on off-ramps. why not buy bitcoin at the time of use, use it as cash, and let the other party park it wherever is best for them? you probably have no idea how much simpler that is than what the world currently has
That's how world works man, stable units of account are used because of their stability, not about a possible upside on your wealth.
you pay on btc in two forms.
- you need an alternative moe with censorship resistance.
- you already win a lot on btc and you have a great proportion of your wealth on btc, so paying debts and other obligations in btc is better than transfer your wealth on btc to fiat and settle the obligations on fiat.
