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2026-08-21 00:12:54 UTC
in reply to

Hanshan on Nostr: Nobody uses baseball cards, beanie babies or NFTs for purchases. Bitcoin isnt any ...

Nobody uses baseball cards, beanie babies or NFTs for purchases.
Bitcoin isnt any different.

You and I might spend and use it as money but it's already obvious the vast majority of people are not going to.
They hold a utxo for NGU. Like a baseball card or a beanie baby. Because before every purchase everyone thinks "muh generational wealth ∞/21M" and do whatever else they can to avoid using Bitcoin as money.

It's built into the incentives and incentives dictate behavior.