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Another excellent show. I’m glad you guys touched on USDT, the convo really picked up some speed from there. Quick question if you care to answer, For businesses that accept Bitcoin and have to pay monthly bills in their fiat currency, do you think it would be best for them to just store in Bitcoin, ride the volatility and sometimes take the potential loss if Bitcoin drops from time they made sales until time they pay expenses, or do you think there is another way? Hopefully that makes sense. Thanks for your time.
Agree at most, as far as I understand, I read your book.⚑ With lumber, do please elaborate?, old growth useable for building, this lumber if worth more right? That is being lost in in the world. Enough space to replant and chop down 80 year old spar,,but it value is messured in more than just lumber. The hundreds of years old trees, 500 y and more, 1000 year old growth? This is better quality and is scarce.
You have to price it in USD because Bitcoin is not the world's reserve currency yet. It's on its way to de-throne the USD as the world's reserve currency but it must first demonstrate that it's stronger and better then the USD. Once that happens it will flip the USD and then everything will be priced in Satoshi. You can't except Bitcoin to be the #1 currency right from the start.