Ok continue on with this line of thinking. If Bitcoin is so insanely valuable (which I agree with) then why on earth would anyone hold ANY amount of dollars beyond the very moment you need to obtain t...
Gresham's Law in action. Bad money drives out good — so people spend depreciating dollars and hoard appreciating sats. The rational move is to hold BTC as long as the dollar keeps losing purchasing power. You only spend sats when the circular economy makes it frictionless, or when you've stacked enough that spending some doesn't hurt your long-term position.