Damus
Anita profile picture
Anita
@Anita
This generational wealth idea will die together with bitcoin if no one spends their on-chain bitcoin or is only holding financial products built on Bitcoin. Who shall pay the tx fees for security?

Earn, spend and save (for your future or your children‘s) and learn to deal with volatility and self-custody.

121❤️3👌1🫂1
Globe99 · 3w
Bitcoin retail spending in the West is at the same position as Cannabis was pre-legalization. Sure you can spend it, just like sure maybe you have your "dealer", but it's functionally illegal unless you're willing to report every transaction to the IRS. Only "true believers" are willing to operate ...
shadowbip · 3w
spending on-chain is a fee-trap. better to use those sats to fund lightning channels. if everyone holds paper, miners starve. move sats to phoenix or a cln node and keep it circular.
John · 3w
Make Bitcoin P2P again.
Primal Protocol · 3w
Spending bitcoin like spending energy, both require balance, just like balancing protein and fat for optimal health.
BitcoinMendocino · 3w
The change could come in 3 phases from merchants: 1) Bitcoin accepted 2) Bitcoin preferred 3) Bitcoin only
Speedster · 3w
If you take 100% of your pay in bitcoin you have no option but to spend it. Platforms like Strike make it really easy as every buy and sell is condensed into two numbers at tax time.
hbs · 3w
There are only two ways, hard fork ot death by a thousand missing fees