What are your thoughts about this?
#StackSpednAndReplace #Bitties
What are your thoughts about this?
#StackSpednAndReplace #Bitties
Oopsie, here it is
Spend and replace is the true choice. The choice you have is to use fiat as your payment rail or Bitcoin. By using Bitcoin as your payment rail you are actively voting with your money. Then getting rid of the worthless currency to replace your stack.
This was a debate we had at the halving party on Sat night. I think it's good to both stack and spend BUT if you're going to pay for goods or services with your Bitcoin, make sure that the receiver is going to hold onto those Bitties and not just sell them for fiat, otherwise it creates downward sell pressure on Bitcoin and doesn't help the overall 'circular Bitcoin economy'.