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What's the plan for spending some of it then? Doesn't sound very fun just saving forever does it? A savings account teaches them to save and spend, not just spend and not just saving until fiat dies, that may be a long time in coming. Need to have balance ☯️

Zach 1y ago

Actually this is an issue with Bitcoin in general, I think. If my Bitcoin doubles in value there’s no good way to access that wealth. At least that I’m aware of. It’s an extra long term type of savings. Aside from zaps, but that’s usually pennies.

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Discussion

98cd787e... 1y ago

This probably why you should consider the litecoin project

Zach 1y ago

Forgive my ignorance, what is this? You mean the litecoin altcoin?

98cd787e... 1y ago

Yes thats what I mean if you are a real account

Zach 1y ago

What advantage does litecoin have over Bitcoin in regards to accessing the wealth?

98cd787e... 1y ago

Easier to spend

Boog 1y ago

This isn’t true

98cd787e... 1y ago

Yes it is

Boog 1y ago

Leave litecoin alone! Stick to bitcoin

Zach 1y ago

Yeah I have no interest in litecoin or really any other alt coin. I can see the value in a privacy coin like monero but I’d rather see that capability built on bitcoin in some way, maybe with Drivechain.

Boog 1y ago

Based 👏👏

98cd787e... 1y ago

Ok sucks to suck