Damus
McCoy · 37w
Spend fiat. Hoard Bitcoin. This is the playbook until: 1) legal tender 2) paid in bitcoin only 3) makers of really good stuff refuse fiat
nostrich · 37w
Simple answer: spend bitcoin, replace the bitcoin. Double maxi answer: Borrow fiat against some of your bitcoin, buy more bitcoin with the fiat, spend the bitcoin, pay off the debt with fiat or with bitcoin collateral at a point in time when the dollar price is higher than whwn you opened the loan.
Jack · 37w
I spend btc and replace because it’s cool and fun. Worth the minimal extra fees to me.
Sean · 37w
I try to live on a bitcoin standard. Buy bitcoin with all my pay, spend on a cc that rewards in BTC and pay that off with BTC I bought, spend less than I make and let it compound over time
Lululuna · 37w
“The Global Free Market will fail if Bitcoin does not become a medium of exchange.” nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe Watch this podcast & then answer your own question. You got this! https://youtu.be/2Vd35J-TA_4?si=YCbXeQazYMTHhfhI My take used to be hodl...
Marc · 37w
Bitcoin is fuck you money. The government wants me to use dollars and buy bonds because these financial instrument allows the government to fuck me. I want as little dollars as possible because I would rather tell the government, fuck you. I need to eat. Maybe I end up with less bitcoin this way,...
Jacksat · 37w
Quite the opposite. Paying with bitcoin is beginning to live in the bitcoin world.
ppatel · 37w
Do what you need to do. Bitcoin is not cheap anymore. Strive to get as much as possible. You will know when you can spend sats. You will just feel it.
Christopher · 37w
If no one spends Bitcoin then its use as a currency dies. It no longer becomes transactional. And therefore worthless. It's little different to fiat in this way. With all money you want to save as much possible, save more than you spend, but if no one ever spends their dollars then they're just us...
chris · 37w
If you’re on the Bitcoin standard, all fiat is converted immediately to 🌽
Judge Hardcase · 37w
Until merchants offer a financial incentive to pay in Bitcoin rather than fiat, assume they would just prefer fiat. If they prefer fiat, and you prefer Bitcoin, then why fight it?" Just pay in fiat (preferably with a credit card that pays cash rewards - which you can turn into more Bitcoin).
Neigsendoig Cocules · 37w
Just don't spend too much, and you'll be fine. That's how I see it. Yes, you'll want to hodl it, and spend very little, but that's the beauty of it. Or you can just purchase and own XMR (like I would like to do) using a decentralized swap.
Achilles · 36w
Spend&replace. Just use the right network 🧡
Jack John · 36w
I guess the counterargument would be that bitcoin derives it’s value by being a peer to peer electronic cash system. You as a bitcoiner carry a certain responsibility to proliferate its use as such. If no one uses it to pay for anything and we all just put it under our mattress, where does btc get...
Louferlou · 36w
Bitcoin is useless and worth 0 if you can't spend it without asking permission. It's the duty of all Bitcoiners to support businesses that accept Bitcoin in order to make game theory make other businesses wanting to accept Bitcoin as well. By bootstrapping this circular economy you make Bitcoin m...
Orange Thoughts · 36w
If cash is inflationary why hold it?
OGHODL 📷🏕️🟠🌅 · 36w
If you’re afraid to spend it you haven’t figured out a good way to receive it too. Create your own circular economy. 😉
filipe · 36w
Give yourself an encouragement to spend it and help create a BTC economy: buy double the amount of what you spend.
btconboard #LNHANCE or #CTV · 36w
If it’s money you have to spend it at some point. Implying you can spend something besides bitcoin means you’re holding fiat and short Bitcoin.
Dim · 36w
Imagine yourself in a few years. Imagine you are fully convinced that bitcoin is better than fiat. Every cent you earn goes straight into bitcoin, and you have no fiat. How will you buy stuff? (Some of us are already living like this, and when people say 'never sell' it just signals that you're not ...
Chad Lupkes · 36w
If you can afford to use bitcoin, you should. What we need to push more than anything at this stage is adoption. If you can't afford to use bitcoin, don't. Use fiat, because at least you'll be exchanging a worthless store of value for something else with more utility.
🐉AT ₿01 · 36w
If your scared to use technology because of greed you may be a trained cunt
vinney...axkl · 36w
spend and replace
frphank · 36w
> when a business accepts bitcoin I still use cash Ah the great Bitcoin circular economy.