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Unpopular opinion: Legal tender dont mean millions will start using BTC as everyday payment and their savings storage.

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by COINS NEWS 215 Views

Im from Latinamerica and reading a lot of people speaking about El Salvador, Paraguay, etc etc... Saying its a way for them to become free or whatever. Or the high remittances these countries have from people living in US, Europe that they send money to their fam.

Just think, why someone that is already strugling with their finances, will switch to something that 1 week is 20% up, next week 30% down, something they cant predict their economy with. In this sub everyone says, "dont invest more that you are willing to lose" "buy thinking in 5 years hodling" people in here, in latam, barely have something to lose, so why they will put their survival money into something that changes so fast??? Seems like everyone now is changing their speach.

If 2 months ago i had my house selling for 2BTC, then in may i changed it to 3BTC and now in June to 4BTC, do you think its normal?? In here we use USD to avoid this, we have this with our local currency that has a lot of inflation.

I think some people that already have some wealth, and have a store, restaurant, hotel, etc. They can accept BTC and hodl it as a investment strategy, but someone that sells vegetables and frtuits in the street, if he accepts BTC then he might probably then switch to a stablecoin, so the day of tomorrow when he has to go and buy more fruits to sell, he knows that 1=1 and not 1=0.9 (or 1=1.1, its just tossing a coin). And then imagine the numbers of it and how you need to do a lot of math, you go to buy 1kg of bananas and then it cost you today 0.000031841 btc, then you go tomorrow and its 0.000029356 and next week 0.000035058, next month 0.000015032 how can you plan your daily life having this fluctuations?? And then do all the maths in your head with this hard numbers.

I hope im proved wrong, but frankly i can only see it for a small % of the population.

submitted by /u/heyheoy
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