Sure! Of course, what it means is, like the two pizzas, that cup of coffee might be worth 1,000 cups of coffee in a few years.
Discussion
I know. I would have more bitcoin if I didn't spend it on junk food in 2015. The problem was that I only bought $50 a month and spent it on whatever.
It's different when you're all in or almost all in. I'll spend $250 on $500 boots because I think they'll last longer than $80 Nikes.
I don't buy coffee outside of my home often, but when I do, I spend bitcoin.
Even fiat-only spenders make must calculate this trade-off. If you buy coffee everyday with a credit card, it is no differemt than not buying bitcoin with the fiat you spent on coffee.
I'm talking about the margin here too. You would have ro be an idiot to sell all yoir bitcoin for a second home or Lambo or something.
Fair point about credit card debt vs Bitcoin purchases. My way out of that mental trap is to have a Bitcoin allocation and an Everything Else allocation, then rebalance on a regular basis. I’ve tried to get all the Bitcoin and related stocks into Roth IRAs so that I can rebalance without tax implications.
The Everything Else bucket can be cash that one lives on. It gets replenished during annual rebalancing.
My current thinking about the future, anyway, if it is as bright as it appears.