But...why's it matter? Fiat price is a vanity metric
Discussion
Because I want to buy stuff? Purchasing power is not vanity
Makes sense. But aren't you a btc maxi? So you only spend and earn btcs?
Yes I choose Bitcoin as my money, and I use money to buy stuff. Price tells me how much stuff I can buy.
I see.
On that note. Wouldn't it make sense to only cash out btc to fiat when it's doing well, as in one large tx versus many smaller transactions over time. To save on tx and block fees
Maybe, but that's not how I do it. I just buy stuff when I need it regardless of price and save all my surplus in BTC regardless of price. I don't know how to time these things .