Nostr Web Client

I don't own any dollars is how I see it

I’ve heard the nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle pitch. You’re missing my point. The only difference between that and keeping a month worth of bills in cash is when you convert the money over. We both have the same end goal of having more bitcoin. Hence a Bitcoin standard.

Additionally, all the fiat I use gets me Bitcoin rewards. Mortgage paid in fiat - 1.5% back in bitcoin. All other bills on a credit card (2% cash back used to buy bitcoin), paid off in fiat - 1.5% back in bitcoin.

LARP all you want but your paycheck hitting at $108k and your rent coming out at $95k is a L

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Discussion

Other Barry 1y ago 💬 1

To clarify, I fucking love nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle but o think the flaw in this logic is that bitcoins is down more days than its up. It’s up days just outweigh the down days. That’s why we’re at 100k. But on a week to week/month to month level I don’t want the volatility of my bills swinging up 20%.

YODL 1y ago 💬 1

We’re all traders 🤷‍♂️

Other Barry 1y ago 💬 1

https://primal.net/e/note1r34g5q5x8qsv535sejcdr32d0hjkhslre27urttyd840ewguw8psvgsyhz

YODL 1y ago 💬 1

Twas my point. Seems like you’re both effectively all in anyway, so basically applying the same trading strategy (buy most you can reasonably manage up front)

Other Barry 1y ago

Zap for saying Twas

frenchHODL 1y ago

I also get Bitcoin back on my purchases. For me the hassle of having to manage cash to have enough to pay bills and keep an eye on a regular basis is not worth my time.

And Bitcoin goes up on average, so yeah there could be instances when it's down, but Bitcoin is fungible, why would you say you're selling the one you just bought? Why not the one you bought 5 years ago. But on average I come out ahead.

I think it's good that different method suit different people