CD80: building a bitcoin circular economy with @ziggamon
Citadel Dispatch
Is Bitcoin the Base Currency for the Bitcoin Economy?
Bitcoin was the base currency for the Bitcoin economy, right? You had to acquire Bitcoin on the Coinbase type thing. And then you would transfer that Bitcoin to what were the Bitcoin exchanges back then? To buy an out- BTC or cryptocurrency. Today, to a bigger and bigger extent, that is shifting from Bitcoin to stablecoins, right? Right. So people buy, so today that equivalent flow is that you get stablecoins, you put them in your Metamask, either your DeFi stuff, and if you want to fly to safety, you go into a stablecoin and that's that. I think everyone's always going to gamble. Yeah, exactly. Then we have like gambling
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