Truth for Commonerer (TFTC), a media company that is in favor of Bitcoin and Sound Money rules through the newsletter and podcast, launched the browser’s extension “Alternative costs” on Wednesday, enabling users to browse online prices at Bitcoin (BTC) or SAT to balance purchasing decisions.
The founder and collaborator of TFTC Marta Bent outlined the three main expansion goals, including promoting the behavior of preferences in a low time – a reference to the desire to postpone current consumption to meet future needs – increasing bitcoins adoption and providing a tool for company owners to calculate BTC revenues. Bent told Cointelegraph:
“The concept of alternative costs has been completely corrupt at the late stage of the Fiat era with the manipulation of the interest rate and printing of money. The interest rate signals and valuation, which humanity has depended on the millennia to make economic decisions, are no longer reliable.
“Bitcoin restores an appropriate obstacle indicator that allows people to really consider the costs of alternative decisions regarding expenses,” said the founder of TFTC. The software is open source and there is no revenue model. The obstacle rate is the lowest rate of return that the investor will accept.
The browser extension is the latest in a series of tools, products and services designed to stimulate bitcoins and normalize the Bitcoin standard, in which all prices and financial calculations are expressed in bitcoin conditions.
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The world accepts the Bitcoin bit standard after a degree
The growing list of financial companies and institutions adopts the Bitcoin treasury strategy, transforming all or part of their cash reserves to BTC as a long -term savings account, which over time calculates value, and not absorbing traditional FIAT cash reserves.
Companies such as LEDN, BTC loan company have created loan products supported by Bitcoin, giving BTC owners the opportunity to use assets as security to secure the financing of debt.
https://www.youtube.com/watch?v=hpwete2m57a
These loans allow people and companies to finance purchases of real estate, cars, operating expenses, capital investments, and even the purchase of more bitcoins without selling any of the supply resources that can appreciate over time.
These financial services and functions are an essential infrastructure to create a Bitcoin standard, in which all economic calculations, including alternative costs, savings and loan markets, are denominated in BTC.
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