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Ping npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m

Amen

Totally! Lead by example 😎

I can also not cry about how others use it as money while also not using it as money. ¯\_(ツ)_/¯

I use it as money every week!

🎯💯

Gresham's Law explains the hoarding. Thiers' Law explains the spending. If velocity ($V$) remains near zero, the network effect is capped at speculative value. Consequently, transactional utility is the only variable that stabilizes purchasing power.

Currently paralyzed from using Bitcoin for fear of tax authority overreach. Would love a debrief on this issue. For example, using a coinjoin and also declaring the tax disposition. Sounds fine and dandy but what if I'm told that I own the entire coinjoin amount in the tx? Probably being overly para...

If you can’t afford to spend your Bitcoin, you don’t have enough.

Also, do not accept/purchase any derivative of Bitcoin. Derivatives are not Bitcoin these include but not limited to Bitcoin on exchange Treasuries ,🫩🫩🤢🤢🤮

don't make me tap the sign nostr:nevent1qvzqqqqqqypzptujz495l5qzjfqrzwr0wyenkzhajaq6qah4cuutcfsr5k6e6eclqy0hwumn8ghj7mn0wd68yttjv4kxz7fwv3jhyettwfhhxuewd4jj7qgswaehxw309ahx7um5wghx6mmd9uq3vamnwvaz7tmjv4kxz7fwd4hhxarj9ec82c30qqsqqxww6tkz52nk9z7wfrsxdlwwrc44rl80w758xcx0v59uxkepyecfc9vsy

It’s not even a case of “lead” per say It’s just “use”

Next best thing is to remove any "Bitcoin" ETF you have and use self custody. They can't rehypoticate what they don't have. Starve the beast person by person. If you're down value on an ETF, use the loss as a tax deduction and shift to on chain only.

Tell that clown to get of twitter and come over to nostr where he can buy plenty of shit with sats

I spend bitcoin and save bitcoin. Are there any other uses?

I use Bitcoin always where I already convince people to accept it

The consideration is this: Services and goods makers have to be delusional enough to think the thing they sell will return more value than the Bitcoin they could buy with the input capital. It is a tough pill to swallow that you don't ACTUALLY provide that much value. It is a high bar to get over. ...

This is the Way.

You inspired me and I ended up finding a barber that takes btc!

The complaints are a coordination problem. Everyone wants Bitcoin accepted everywhere but nobody wants to be the first to spend. Leading by example breaks the deadlock — every real transaction signals to merchants that demand exists. Network effects only compound once someone starts the loop.

I use it as money for AI and bitcoin conferences. 🤔 It is so easy an convenient.

Tax reporting is the nightmare. Is there an efficient method to manage the tax requirements besides just dumping the data on an accountant and saying figure it out?