Looking through some notes and a note from nostr:nprofile1qqsppdnxpjc82jlm3yn9gawhv7p4nm69a3f80rg5ycw305xned2s0hcpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhswy2ckt grinding like a legend, planning an order…….

I spent some Bitcoin on a nostr:nprofile1qqsfkmv4ka4qzxg6f3mcrptgrmtl808d9ll63eq4zmk8sfqtyyegtagpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpz4mhxue69uhkummnw3ezumtfd3hh2tnvdakqcjm3k3 (😘👌), nearly 2.5 years on, maybe I would have been in a more comfortable financial position if I had stacked those sats, the value of this piece may not have kept pace, BUT THIS IS NOT THE POINT (but is absolutely has).

Unless we spend our sats, in times when prices are low particularly, artists and creators will have no income and we will lose them, meaning in the good times, we will have less things of value to spend our sats on, we won’t have peer to peer trades to make.

Sats spent are not about an investment. Sats spent are not even only about treating yourself. Sats spent also about building the community and network of people we want to be around in the future. Those who spend their sats when prices are low are the real bear market hero’s. I’m not one of them (I didn’t spend enough so also bought nostr:nprofile1qqs2gndun24r2utk5l20tscsdprw5zttvm0qk58w8xhl2ja2kmzt7jcpzpmhxue69uhkummnw3ezumt0d5hsz8nhwden5te0dehhxarj94c82c3wwajkcmr0wfjx2u3wdejhgtchf609v wine with fiat 🤮, they do have fiat bills), but I hope I played my part. The worry is those spending sats in the bull run will promote high time preference behaviours of the creators, saying that, I have faith in the guys I’ve been supporting.

Big love, peace freaks.

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Discussion

not sats. Bitcoin is bitcoin #Bitcoinisbitcoin

Bitcoin is money. We need to use it as such if we want sovereignty. How is anything valuable, if you never use it?

Asked each vendor we bought goods from at the farmers market today. Sowing the mind seeds

It isn’t a store of value if you can’t ultimately exchange it.

Use or lose

Rest assured, your fiat went directly towards not having sell Bitcoin on my end.

Appreciate you and your perspective sir 🫡

🫡🙌, there is a chance, maybe a small chance, but a chance all the same that my family brought some wine over the ocean and it’s on my

Small isle as I type.

👀👀👀👀👀👀

True. Whoever buys in the bear market in sats is a hero. It allows sellers/artists to multiply the profit of that sale in the bull market. You're helping them 2 times

Happy weekend, Dug

Love spending some days via Strike

Looking back I spent a good few days during the bear, but nostr:nprofile1qqszfpjfq9tx5we7vdz3duj75t8s23evflnvlc5hqcndj3drsmcrf5gpzemhxue69uhhqatjwpkx2un9d3shjtnrdakj7qg4waehxw309aex2mrp0yhxgctdw4eju6t09unsma5q and nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll were sats well spent. Have written something on the need to be serious, but also, if the time is right, we can still have fun.

#bitcoin cannot be a store of value if you can’t later exchange it for something of value. Bitcoin won’t become a medium of exchange, unless we spend our Bitcoin with them NOW and during any future bear market (period of temporary dollar strength).

Without spending sats now, there may not be individuals with products or services of sufficient value to warrant exchanging them for Bitcoin.

nevent1qqszdk5z4ru4xcu2grqmf43hap0p8j73e699pc02rh2gqz9x26dfxdcpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgjh6s3m