I haven't converted what I have yet, because I believe in the need for an income stream as well as a nest egg. But I stopped putting new capital into anything other than Bitcoin a few years ago.
The only income stream built into the Bitcoin system is mining. Which is difficult if not impossible to get into properly without a large amount of initial capital, which I do not have.
If you believe in the bitcoin thesis, that all other assets, currencies, and commodities will collapse in price in BTC terms, why would you want any “income stream” in anything else? Wouldn’t it be possible to sell smaller and smaller amounts to finance your life at BTC increased in price?
As strong as my faith in Bitcoin is, I don't believe that Bitcoin will ever be the "only" currency in our civilization.
I hear what you're saying, though. If we are hard core into the Bitcoin ethos, then the only way to buy sats would be through proof of work and passive income is not work.
