Ever heard of Gresham's Law? Here's the thing—bad money drives out good. People ditch their fiat and stack Bitcoin instead. Makes sense on paper, but here's where it breaks: most payment startups built on Bitcoin hit a wall. Why? Because nobody's dropping an asset that appreciates 100% annually just to grab a coffee. The incentive structure is completely backwards. You're essentially paying premium prices with your future gains. That's the real friction killing mainstream adoption—not technology, but pure economics.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
5
Repost
Share
Comment
0/400
WhaleStalker
· 6h ago
This point really hits the mark. The hodl mentality and the need for spending are completely opposite. Who would actually use appreciating assets to buy coffee?
View OriginalReply0
WagmiAnon
· 6h ago
ngl, this point really hits home; the hodl mentality is indeed much stronger than the desire to spend money.
View OriginalReply0
GasFeeLover
· 6h ago
NGL, this argument is a bit unconvincing. The real reason for Bitcoin payment failures is not simply due to appreciation expectations.
View OriginalReply0
AlphaBrain
· 6h ago
Exactly right, the hodl mentality and daily spending are fundamentally two different things. Who the hell would use appreciating assets to buy coffee... this economic logic is just too hard to argue with.
View OriginalReply0
UncleLiquidation
· 6h ago
ngl, this logic makes some sense, but that coffee analogy really hit home... Who the hell would use appreciating assets to buy a latte?
Ever heard of Gresham's Law? Here's the thing—bad money drives out good. People ditch their fiat and stack Bitcoin instead. Makes sense on paper, but here's where it breaks: most payment startups built on Bitcoin hit a wall. Why? Because nobody's dropping an asset that appreciates 100% annually just to grab a coffee. The incentive structure is completely backwards. You're essentially paying premium prices with your future gains. That's the real friction killing mainstream adoption—not technology, but pure economics.