Yeah. That's not rocket science to understand why Bitcoin is far better than fiat.
But, there is always some Dick-Head around us like Jamie Dimon. You won't be able to explain or make them understand.
Well the thing about "better" is that it's subjective; Bitcoin is definitely not "better" than fiat for Jamie Dimon and his ilk.
Bitcoin is also not better if you would like to spend it quickly... or if you would like to get rid of it.. most of the time..
Most of the time, I would like to get rid of my fiat rather than holding onto it.. especially in recent times...
Sure they say that cash is king during these kinds of uncertain times, but if I am going to spend anything, then I will spend from the cash pile first...the vast majority of time..
If there were more ways to spend my lil precious, I would not mind spending some or even a lot of them (relatively speaking), but I am not that excited to spend any below or even near the 200-week moving average.. Now if we were closer to the 200-week moving average (
which is currently $23,363) or even if we were closer to the 100-week moving average (which is
currently close to $37,600) .. I would be a bit more eager to spend some of them.. . mind you that I don't tend to sell (or spend) very high portions of my lil fiend without replacing them.. but within my system, if the BTC price is going up and then getting above certain thresholds, then my threshold for parting with relatively modest quantities goes up in somewhat proportional ways... ..
If we have been in bitcoin for a while
(and yes you are likely in such groupening, Homer bomer - at least 6 months longer than this here cat, no?), then likely we are not suffering and we are not going to suffer for lack of material goods/wants, but sometimes we still might be forced into some variations of delayed gratification (like in our earlier bitcoin days) because of the current prices of our lil fiends being in a kind of challenging and even quite low location based on the longer term averages. It just seems like inspiration to NOT be spending too many cornz
(and even to be buying more - even when we might have thought that we were done buying cornz) just because of where we happen to be in these here current times
(that hopefully are not going to be lasting for too many more months - so we can get this show back on the road to where it seemingly "should" be, rather than where it happens to be).