High time preference vs low time preference.

100% Agree

I'd say the monero crowd does this better than bitcoiners.

Spend, replace, repeat. 🔁

Spend and replace is a discipline, and the discipline is right. The claim underneath it is the soft part. Price discovery happens on exchange order books rather than in checkout lines, so merchant acceptance does not mechanically lift the price. Where acceptance does matter is circularity: a merchan...

bitcoin as measured in fiat terms is deeply correlated to global liquidity of everything spend and replace is good hodl is good all good

#takemysats #satsarethestandard #soap

Plus; create/produce and accept Bitcoin payments. It takes something special to tempt people to give something truly valuable.