Replying to Avatar Soak Quest

Bitcoiners are the new capital allocators.

We’re living in a brand new world—nothing will ever be the same again. What made sense before was just habit: the consistent, daily reinforcement that Keynesian dollars could get you things. More fiat meant more stuff.

But those assumptions were built on sand.

Now, with perfect money, capital allocation among Bitcoiners follows a different logic. It’s grounded in real economics—Austrian economics—with a focus on hurdle rates, opportunity cost, and long-term value.

Just like Bitcoiners found each other by following reason to its conclusion, their investment choices often arrive at similar endpoints. But there’s a twist: perfect money creates a paradox. When your money appreciates exponentially for doing nothing, it becomes harder to justify spending or investing it at all.

That’s the challenge: if Bitcoiners don’t actively defend the medium of exchange property, they risk losing the very status that made them the capital allocators in the first place.

Before Bitcoin can become the default medium of exchange, it has to reach critical mass. But its strength—unparalleled appreciation—makes spending it feel irrational in the short term. The opportunity cost is too high. That disincentivizes everyday usage, which stalls progress toward mass adoption.

Bitcoiners face a choice: delay spending and preserve gains—or spend with purpose to build the future. That’s why Bitcoin capital allocation has to expand beyond ROI. The hurdle rates vary: some investments are about returns, others about aesthetics, ecosystem growth, or purpose.

Using Bitcoin as a medium of exchange doesn’t make short-term ROI sense. But it’s a long-term, purpose-driven decision. The real return? Staying in control of capital allocation. Cementing Bitcoin’s role as not just a store of value, but a currency in motion. Until that happens, fiat still wins by default—easy to earn, easy to spend.

So let’s show the world what Bitcoiners can do. Back the people, brands, and companies willing to build on Bitcoin. Prove that Bitcoiners don’t just spend—they allocate with conviction. We can mint new brands overnight simply by choosing where we spend.

That’s how we stay the capital allocators.

And right now, there is no higher ROI than securing Bitcoin’s place as the medium of exchange through a thriving circular economy.

At what point does it make more sense to spend Bitcoin than to keep stacking? Feels like we’re all waiting for ‘the right time,’ but when is that actually, great read. I’m trying to understand while challenging people to think critically about Bitcoin’s transition from store of value to medium of exchange.

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Discussion

By “we” I mean me.

Part 2. I think that’s the biggest thing I struggle with is wanting to be able to spend it like fiat but im so scared to lose any of it that i just hold and hold and hold

It's easier to spend when you've already had massive gains on it so that decision will continue to get easier, but for now you can just think that your needed level of assuredess for building a better world is higher

Great question. If the post was more clear and direct the answer would be “now”. Spend and replace is a good way to think about spending sats. We need Bitcoin companies to thrive right now to give confidence that Bitcoin is a clear medium of exchange preference for them and new bitcoin forward companies.

I like that—spend and replace keeps things turning. But do you think most Bitcoiners are actually ready to adopt that mindset? Feels like the mind fuck of spending sats is still huge for me personally.

maybe the real key for me is fixing the psychology around spending Bitcoin. If people keep treating it like digital gold and never use it, how does it ever become money? Just some thoughts that keep me up at night.

Very few Bitcoiners spend it which helps Bitcoins success the most. The sentiment of the post is to make them think differently about the risk of not securing the medium of exchange (MoE) property of money. Money is only money insofar that it can exemplify the properties of money. Medium of exchange is an important one to exemplify. If we don’t win MoE, the value of Bitcoin will be capped from other forms of money winning MoE.

Spending on bitcoin companies helps the most in the long run because it ensures the value of Bitcoin as money when the medium of exchange is Bitcoin preferred.