Its not an investment plan. I only have enough dollars to buy things, and an emergemcy fund.
Discussion
An emergency fund that loses value but could instead be bitcoin
I have bitcoin.
Id rather hold a small amount of cash than rely on a credit card for anything.
I used to think like that but like a chess player I got smarter
If your chess game is "get richer at any cost" then yeah you got me. My game is "dont play their game."
What cost? Its just stacking more sats.
Being stuck in a permissioned system, them selling your info to data brokers, being treated like a criminal, "business hours."
If you dont have a reason to hate banks, Im glad for you.
Your trying too hard to defend your position. I use bitcoin where I can and fake money when I can't. Credit cards are good for stacking bitcoin.
That's how I started out and it gave me peace of mind at the time. I just wrote that fiat off and didnt worry about it. Now I'm almost entirely in Bitcoin with card limits that amount to my old emergency fund. Emergencies never seemed to happen such that I couldn't just bill pay my credit card from my stack if I really needed to. Personal preference. And to be fair, I can handle volatility a lot more than back then. Cost basis is what eventually made me move away from fiat emergency cash. It would take a collosal crash for me to be worse off than I would have been sticking with the old way. Everyone has different needs.
Agreed, i dont keep any more cash then my monthly payments. Have a line of credit available if you need cash, having cash available is knowing you're getting butt rapid and allowing it.
Even doing this puts us massively ahead of most people. I'm glad you have a method that works for you and your life. That's all that really matters.