I believe that once a certain percentage of producers demand to be paid in bitcoin, hyperbitcoinization will kick off. This will require consumers to acquire bitcoin, weather they want to or not, to be able to purchase goods.
5 thoughts on “When producers start demanding to be paid in bitcoin.”
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This also works when enough laborers demand to be compensated for their work in bitcoin and not worthless and inflating fiat.
Exactly, Thiers’ law not Gresham’s law
I understand it, that’s why im dcaing in ownr wallet for more than a year
Don’t worry this isn’t going to happen for another 50-80 years.
Every time I look at my wallet I feel this way