Bitcoin is the best money. So never spend your bitcoin until that is all they will accept.
Discussion
No. Spend the hell out of it. It needs to be spent or it dies in a boating accident on a long enough time line.
That day will never come for BTC. Do you really think it is what the majority will care about? Something like bitcoin is supposed to gain perceived value through consensus amongst users. Growing with natural adoption. This NGU fiat exchange bullshit ruins all that. Bitcoin will remain a niche tool, it will never be "all they accept" 🤗
Yes
It's happened many times in the past it will happen again one final time now that we have an incorruptible money.
Gresham's law playing out to be followed by Thiers law. Bad money drives good money out of circulation util bad money is so bad people will not except anything but good money.
If you want to understand the present and future, learn the past.
I meant waiting until that point before using BTC as it's intended to be used. Though anyone obviously do as they please, hodling is not what BTC was originally created for. Savings yes, but not hodling exclusively. Sorry but zaps and micro-payments (though fun) do not count ;) Dunno if you actually use BTC day to day P2P. But if you don't yet, consider letting it out of its cage :)
Then the inverse is true, too: because bitcoin is the best money it should be the only thing you accept.
I think all the datapoints I could gather so far paint another picture.
Monero is trading blows with Bitcoin while LN stands on the sidelines pretending to be the future king.
Just look at ShopinBit, CakePay, Coincards, OrangeFren, MyNymBox, SilentLink or Proxystore.
#XMR #FungibilityMatters #PrivacyIsAHumanRight