Plebs must avoid converting back to dollars at all costs in my opinion.
I worry about a situation where the government secretly starts printing money to buy Bitcoin and some plebs start to see crazy numbers like 1M USD+ and let their coins go to the government.
When you get on a lifeboat from the titanic, you want to make sure not to hop back on right as it’s taking it’s final plunge down.
Everyone is different. Depending on how things go, I have some earmarked to pay off debt
I’ll clarify - everyone likely needs a USD cash balance to service short term needs and potentially even buy cheaper Bitcoin
My point was that I hope people focus on increasing their wealth denominated in sats, and don’t INCREASE fiat holdings when Bitcoin gets more expensive.
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