If you earn in bitcoin, you will prefer to spend in bitcoin (versus going through the friction of “cashing out” into fiat). This occurring will “close the loop”, lessening significantly the conversions to and from fiat.

What would change that you would be earning inn bitcoin in the future? Well, … you might:

Things are just getting started …., just wait until gig marketplaces like Uber, DoorDash, and AirBNB offer to pay in bitcoin to attract more service providers, and when payment in bitcoin is an option for those who make bulk payments — such as when Udemy pays instructors their commissions or when TryMYUI pays their testers.

submitted by /u/cointastical
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