Has it ever crossed the mind of those "hodl hodl and never spedn" fiat Bitcoiners that if they hodl long enough, do nothing for building a circular Bitcoin economy, and then maybe 20 or 30 years down the line, like they planned, wanna cash out their stash back into fiat... they'll probably only get CBDCs in return? And a bunch of laws and regs on taxes and assets will have totally changed by then? 😀
Discussion
Hodling btc is a bonafied use case.
It is! But what nostr:npub175nul9cvufswwsnpy99lvyhg7ad9nkccxhkhusznxfkr7e0zxthql9g6w0 is saying that if you want that act of HODLing to be useful in the future, it means that btc also has to be spent today so that infrastructure can be built to allow HODLers to be able to use their btc when they need to in the future.
Yeah, exactly. We gotta put some of our stack into building up the infrastructure right now and also spend a bit on stuff like everyday buys, donations, you know, so we can figure out what works, what's still missing, and how to make it better. That kind of thing doesn't just happen overnight. Real Bitcoiners don't even want to swap for fiat ever. They want to go ahead and spend a portion of it now while saving the bulk.
I get what you are saying there is just nothing valuable enough for me to spend my sats.. hodling has definitely shifted my mentality on spending and being a conscious buyer of goods and services
It has done the same for me as well. That's why I think when we conceive of a circular economy, it should be around needed goods like food and shelter.
Yes, we've become more conscious buyers. Great. But we still gotta eat. That's why I love initiatives like nostr:npub12pl4h7pk0svg8ug4mhu7a90hn6nf83eqadd94pccgsafn73s392qpt42wq where you can buy (healthy) food with sats instead of buying unhealthy foods with fiat. Those are the kinds of projects that are needed to help kick start circular economies in real life.
I love what nostr:npub1uzt238htjzpq39dxmltlx60vxym9fetk9czz6kddq6fhvkf4z3usy9qtrh is doing too!
Love uuu ❤️🫠
Love this but everything looks to be out of stock! Must be good stuff!
Extremely small batch goods and very good! Got one more of the #hodlbutter bundle if you wanna snag!
Oh, some people are gonna be pissed! 😅
Don't force others to spend their BTC, some say.. But that's exactly what sound money's purpose is! To spend if the value is met, to save only when necessary and to circulate to stimulate.
and this should b e obvious to anyone who's read the white paper. btc is a cash system, not an asset