The truth for the usual (TFTC), a media company that promotes for the Bitcoin principles and sound money through a newsletter and podcast, launched a “Opportunity Cost” browser extension on Wednesday, which allowed users to view online prices in Bitcoin (Btc) or SATs to weigh purchase decisions.
TFTC Founder and Contributor Marty Bent outlines three main goals of expansion, including advancing Low -time behavior of preference – A reference to a willingness to postpone current consumption to meet future needs – increasing Bitcoin adoption and providing a tool for those with -owned business to calculate BTC denomination income. Bent said to cointelegraph:
“The concept of opportunity costs is completely damaged in the final stage of the Fiat period made with manipulation of interest rate and money printing. Signals of interest and pricing that mankind depends on millennia that make economic decisions no longer reliable.
“Bitcoin has again produced a proper obstruction rate that gives individuals to truly weigh the cost of their spending decisions,” said the TFTC founder. The software is open-sources and has no profit model. A hurdle rate is the lowest return rate a investor will receive.
Browser’s extension is the latest in a series of Bitcoin criteria Where all financial prices and calculations are expressed in Bitcoin terms.
Related: Maple Finance, Falconx Secure Bitcoin-Back Loan from Cantor Fitzgerald-Report
The world has adopted the Bitcoin standard a little bit
A growing list of companies and financial institutions is Adopting a Bitcoin Treasury approach By converting all or a portion of their cash reserves to BTC as a long-term saving account that is worth the amount in time, rather than removing such a traditional Fiat cash reserves.
Companies like LEDN, a lending company to BTC, were created Bitcoin -supported loan productsBTC holders are given the choice to use the asset as collateral to secure debt financing.
https://www.youtube.com/watch?v=hpwete2M57A
These loans allow individuals and businesses Finance real estate Purchases, vehicles, operating costs, capital investment, and even get more bitcoin without selling either supply-capped assets, which can be appreciated over time.
Financial services and operations are the required infrastructure to create Bitcoin standards where all economic calculations, including costs of opportunity, savings, and lending markets, are denominated with BTC.
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