Quote from: Antotena on August 09, 2025, 02:28:27 PM

Quote from: kyman1 on August 03, 2025, 06:01:22 PM

Why do I feel like we ask unnecessary questions, to me this is a rhetorical question, something that doesn't have an answer. If you check Coingecko or coin market cap, Bitcoin moves from $1k to $120k, that's 120x on individual Bitcoin and the reason is the same thing we discussed here which is going to make it go to bigger price, I can't give precise price but the prices are going to be higher and only if you hold is how you are going to see the importance.

You see this speculation of $1m and all that, it's not really necessary. It's just unnecessary things look upto. I don't see it as bad things but expecting it might disappoint you than you think. Buy what you can afford if you want and watch the price do what it does most of the time. The discussion we are supposed to be making isn't all this speculation if price, we need to focus on adoption, how Bitcoin is going to become a legal tender instead of this that doesn't add any value to Bitcoin price.

Dude, what are you even talking about? How is this an answer to kyman1's point which was about real world events affecting to price? Those world events affect to the fact if people want to hodl it or not.

Who cares if it's legal tender, if that legal tender means that you need to accept is as form of payment by law. That would probably mean that shop owners would need to price items on their store with btc value as well (which would change hourly). Shop owner would also probably need to sell their BTC immediately if they needed the income to be predictable for future planning.

And image a situation where someone buys a item from a store, that costs 0.0121212 btc, and in a month btc value increases 50%. For some reason customer wants their money back, And they want it same currency (0.0121212 btc) because that's same legal tender they bought it with. So they would need to buy that 0.0121212 btc from the market with +50% expenses as they can't just say that price of the item has dropped in btc already.

Think shop owners would love this system?