4's avatar
4 2 months ago
I would rather earn in Bitcoin due to it being inherently deflationary. There’s more I am thinking about and learning at the moment on this, but similar to what Hal Finney said in Bitcoin’s early days, I don’t think it was ever meant to solve privacy or be used for every day transactions (hence the digital gold nickname, which I think is accurate). I genuinely believe it is perfect sound money and was/is insanely revolutionary, humanity needs the ability to store our labor without being debased. One of the beauties is that you obviously can build on top of it. When it comes to this, I am not sure what this looks like and simply don’t know enough to yet to discuss the ramifications of KYC or non-KYC and the ability to have your stored wealth be spent irl to make a change to your life. I am a Gen Z’er, as you know. My main concern is my future. I want to study hard, work hard, and be able to save without getting absolutely wrecked by saving in USD, Euros, etc. I am not dismissing privacy when I say these things btw. But I definitely disagree with people when they “Bitcoin failed” if it isn’t used for daily transactions.

Replies (1)

Monero is better for earning in this context because you dont need to coinjoin for privacy before you pay your bills. I'm not making a general statement about the success or failure of Bitcoin here. (although, as you know , I do think it becomes captured and fails if it isn't a MoE)