nixb on Nostr: Discounts for Bitcoin payments.. 😀People naturally spend money that loses value ...

Discounts for Bitcoin payments.. 😀People naturally spend money that loses value (like fiat currency) and hoard money they think will go up (like gold or Bitcoin). That’s Gresham’s Law: cheap money drives good money out of everyday use. If a shop offers a discount for Bitcoin, it’s giving people a real reason to actually part with the asset they’d otherwise hoard under the mattress.