hodl, spend and replace, buy it, save it, earn it.
only hold as much fiat as you are comfortable losing.
I do appreciate the call to use bitcoin more for things. So, I realize my post sounds harsh, but I think it needs to be heard.
If it is the *only option to pay someone in bitcoin, and they need to cash it out immediately.. That's fine, I will still do that. But I would rather in many cases like this, give them cash directly knowing that bitcoin is leaving the hands of my intended recipient.
However, if I think they have potential to be a bitcoiner and appreciate the network like I do, then I will go out of my way to pay them with it. And it DOES feel like more effort, I do not live in a world where it is not, and I trust that I can create more value deciding when to sell and when not to, than someone who is desperate to sell it all immediately.
If it is the *only option to pay someone in bitcoin, and they need to cash it out immediately.. That's fine, I will still do that. But I would rather in many cases like this, give them cash directly knowing that bitcoin is leaving the hands of my intended recipient.
However, if I think they have potential to be a bitcoiner and appreciate the network like I do, then I will go out of my way to pay them with it. And it DOES feel like more effort, I do not live in a world where it is not, and I trust that I can create more value deciding when to sell and when not to, than someone who is desperate to sell it all immediately.