Unpopular Opinion:
Buying something with Bitcoin and then replacing it buy buying the same amount on an exchange when other payment options are available is like charging your electric car with a diesel generator.
Discussion
I agree, but we need more ways to LIVE on bitcoin. I get paid in bitcoin and am trying to strategize the best way to… live. My goal is to get ON zero. It feels kinda like this: 
That analogy is like destroying a bee hive with hoven mittens.
How about buying something with BTC then buying double the amount of BTC spent on an exchange lol
exactly my strategy for many years.. good strategy :D
Do you think paying for products or services in bitcoin increases merchant adoption of accepting bitcoin for payment?
nostr:npub1cam9ttcuprjyp5nrhx7ehgjyaqvl2r8el75xqawtd304p84lcpjsvm43mj often says that it's not merchant adoption but rather merchant bitcoiners what are mostly needed, and I agree.
Interesting take. I’m not sure I understand the functional difference. Feel free to tell me why that difference matters.
My logic goes something like this.
1. Bitcoin is the best money this world has ever seen.
2. Therefore I want the bitcoin to be used by the most number of people/businesses to transact in bitcoin for goods and services.
3. Paying (and asking to pay) for goods and services in bitcoin is a good way for me to voice my desire to use bitcoin as money to others.
The way I see it, the difference is that if the merchant is not a bitcoiner at worst he'll think you're trying to scam him, and at best he'll see Bitcoin as a marketing gimmick and will exchange any sats he earns for fiat ASAP.
OTOH a bitcoiner with a business understands your points and would not only be happy to earn sats, but it's also more likely that he'll cling to them and eventually spend them directly on other bitcoiners, which can eventually bootstrap a parallel private economy.
In other words I don't think the orange pilling is optional.
By the way thanks for your work on the Seedsigner :) Really looking forward to the v0.7.0 release.
I think we still need to make it a little simpler for merchants and users to trade bitcoin. Part of that is UI, part of that is lightning, part of that is L1 work. No sense telling people to spend or receive bitcoin as income when we are relying on sketchy and difficult things like static channel backups and SD card wear out, non custodial lightning. "No sir, all you need to do is SSH via Tor and $sudo get -dK githash || ./etc and recompile from source", I know you are trying to run a coffee shop but this is all super easy".
Depends on the situation, if the vendor converts to fiat then I agree 100%.
I've come at this from a different direction - buying things in fiat (and therefore NOT spending bitcoin, is stacking bitcoin.) Buying things on credit is like stacking with leverage.
This is dangerous thinking, and can get you in a lot of trouble.
nostr:note1vzkgde6v4azlnezqr0pa0t0qcy5l02xs5f2r9x4nvvh72mrhv0us8dfva8
This makes total sense...!!!
Mine Bitcoin. Buy things with Bitcoin. Sell goods and services in exchange for Bitcoin. It must move to maintain value, but be smart.
Why would other payment options be available if I only hold BTC?
I think it is about signaling to the merchant that there are people willing to pay with bitcoin. I have seen many stories of merchants that used to accept bitcoin and stopped because "nobody uses it".
Personally, I am aiming to eventually live without banks, and that's not possible if merchants don't want to accept bitcoin (or cash at least for physical merchants).
You have to pay capital gains on that purchase (assuming a low cost basis), which then definitely doesn’t make sense to do.
It all comes down to whether or not you live in a country with 0% cap gains on it and whether or not it can be spent everywhere. So, least true in El Salvador. Mostly true everywhere else.
When you do that, you move bitcoins from someone that is selling them because they don't want them, to someone that want and is accepting them.
Feel like the best way to increase adoption to me
By buying something with Bitcoin, you use it as money, which is a good thing.
By buying more Bitcoin, you also increase demand after it, which is a good thing too.
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Ultimately, if there are 2 people. One who has 100% BTC and use it both as money & investment and the second who has 90% BTC/10% fiat and uses BTC as investment and fiat as money, I think the first one is more beneficial for the ecosystem.
Makes no sense to me. If you buy something with #Bitcoin and then buy back the same amount from an exchange, you've net transferred that amount of financial energy from fiat to the Bitcoin ecosystem.
worse is to buy something with btc and replace it with some bullshit.
Your just messing with us . . right?