One of the main criticisms I hear of Bitcoin is that it is not a good medium of exchange or it is not widely accepted. For a money to become widely accepted organically, there is an adoption cycle that takes place. The more a money appreciates against existing money’s, the more incentivized people are to accept it as a medium of exchange.
#Bitcoin #process
learnaboutbit / Learn About Bit
npub12h…d9cgq
2023-10-25 07:01:52
Author Public Key
npub12h2pk4fg6gp4erd22593as03ddmx8h9ed96xpdqm77m7rh3fp4dsrd9cgqPublished at
2023-10-25 07:01:52Event JSON
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"content": "One of the main criticisms I hear of Bitcoin is that it is not a good medium of exchange or it is not widely accepted. For a money to become widely accepted organically, there is an adoption cycle that takes place. The more a money appreciates against existing money’s, the more incentivized people are to accept it as a medium of exchange. \n\n#Bitcoin #process",
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