Is there ever going to be any meaningful BTC adoption?
I am trying to get an answer to this question for a whole but so far it has been ignored.
Where better than at #nostr
So instead of pushing it into relays again will write it again, this time with some hashtags
#bitcoin #bitcoinmaxi #satsstacking
so we stack sats - cool
we try to escape the fiat prison - even cooler
I do stack sats, but I don't spend them (zapping 23 sats does not count). I mean meaningful spending. Like grocery shopping or buying a car.
I would probably think differently where I holding a bit more of them. But I don't.
I do not spend my sats because that means losing them, Sure I could re-buy them with the fiat but:
1. if I want it fast I would likely have to do it on an official on ramp with KYC
2. however I do it I cannot pay less than 1% in transaction costs - usually more like 5-10%.
I'd rather have 5-10% sats more.
So I don't spend.
And if most of us do the same there will never be any BTC adoption.
We will be just holding more sats and feel good about it.
What do you think?