In the long term, I do think #Bitcoin’s dramatic purchasing power/valuation swings subside. It becomes a more stable, store of value and better day-to-day money as people know it. Perhaps similar inflation/deflation rates to some of our strongest periods in US history in the late 19th century-early 20th century. I have no idea when exactly but maybe around the time that last bitcoins are minted in about 100 years or so. But perhaps sooner, say 40-50 years. 

In the medium to long term, as it finds its foothold, there will be dramatic increase in value and purchasing power that I want everyone to take advantage of. It will need to coexist with the more “stable” purchasing power of USD or USD-pegged stablecoins (the latter I have deep concerns with due to centralization and counterparty risk).

This doesn’t sway my conviction on Bitcoin, nor prevent me from using it as a medium of exchange now (which I daily do). This is my realistic take on how we can talk to people about what hyperbitcoinization looks like, especially for those concerned about its dramatic price action, extreme deflationary risks, and etc. Hyperbitcoinization to me is that more stable currency, peer-to-peer medium of exchange (and yes, great store of value) everywhere. 

 How do you use it? I think it’s something that a lot of plebs miss in the community, give tips about the usage in their daily life. 

 How do I use Bitcoin as a medium exchange in the day-to-day? 

 Yes. When I give seminars people always want to have practic help. Not too much theory. It’s always good to post a solution with your content for the topic your creating. 

 Well, I use it here on #nostr of course to support creators, good notes, and causes I believe in (including projects on @geyser), I receive support for @TPBPod via sats from individuals as well as our sponsors, I pay my producer in sats, I buy some goods and gift cards in sats, and generally pay in sats whenever I can and just replace those sats I’ve spent.