Oddbean new post about login | logout As for the exchange rate of Bitcoin vs. fiat, 0.1M or 1Mz why would I care of my business is Bitcoin in, Bitcoin out?
Despite the current stage we’re at in regards to the USD’s state of decay as a global reserve currency, it still remains the widely accept global UoA in most domains. If the lifecycles of previous global reserve currencies, like the pound, livre, guilder etc etc, is any indication, USD should be nearing the end of its reign. So while goods & services remain denominated in USD, those who obtain BTC earlier and can manage to hold onto it longer, win.