Is it bad that I don't want to let any Sats go?
I understand that by spending them I'm encouraging the BTC economy, but its hard to part with them...
Discussion
It's subjective. If you HODL, you'll help support the price, and you won't lose capital. if you use it, you'll be boosting adoption. so it really depends on your personal priorities.
Actually, spending sats in a circular Bitcoin economy also supports the Bitcoin price. You’re just passing sats between people that will likely put it straight into cold storage 😏
At least to me, if we are using Bitcoin to buy goods and services that we value, it means that we are keeping the value within the Bitcoin network.
If you only own sats and 0 fiat then it’s much easier. You will spend on what really brings you value because you know the opportunity cost of spending the sats. Spend on credit and pay of balance with bitcoin
100% but if you're gonna spend fiat, better to turn it to sats first 😁
you might pay a fee but in my experience it's well worth it even for the people you're going to meet
spend and replace. have a small spending btc stack.
speaking as someone who accepts BTC for my business, only spend them when you really value what you're getting.
random internet purchase? -> dollars
buying from someone I care about? -> BTC
vote with your money
use Bitcoin when you really care
What makes you spend sats instead of fiat?
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Spend and replace. What you were going to spend in fiat, use the sats and then buy more with fiat straight away. That way you encourage spending and adoption and you have the same amount of sats.
It’s not wrong. It’s your money and you decide what you’re doing with it.
Send $ via strike to your alby wallet for zaps.
If you can buy something in BTC, do the same; convert dollars to sats sending via strike.
That way you're just getting rid of those silly dollars.
Never 'spend' a single satoshi otherwise.
The only appropriate response to someone telling to how you should use your Bitcoin is GFY. Bitcoin is permissionless, you do you.
I think what you're experiencing is just a phase you go through. The feeling of not having enough Bitcoin is much stronger early on your journey.
It passes when your Bitcoin savings dwarf your fiat savings & income. When most of your value is sitting in Bitcoin. Buying Bitcoin non KYC & then watching it appreciate in value really helps this whole process.
Bitcoin changes you. Don't try to force the changes, just start becoming aware of them.