Yea…I guess that’s kind of my point.
Right now we are in the “accumulation” or “Bitcoin as a store of value” stage of something becoming money.
And while those of us trying to help it cross the adoption chasm over to “medium of exchange” May feel like we are giving up some of our store of value (based upon the fiat exchange rate)
I suppose our beliefs in BTC and what it stands for must out weigh the “cost” of trading BTC for something we want or need, ie a haircut or coffee or whatever.
Living on the bitcoin standard fixes this. When you only have BTC to spend, you still need things... So you spend it. You would have spent the fiat anyways... Then you get serious... You have your savings and your spending btc, and you keep them separate. You budget and plan in btc.
I hope to get there next year.
Yea I agree. That’s the problem with most people today from a financial standpoint.
Partly their fault but mostly not due to a rigged system against them (us).
We have to learn to spend less that we earn.
And I can for sure see how being on a Bitcoin Standard allows one to do so, since BTC in a fiat priced model, appreciates faster than fiat debases,
The gap exists for people in how to go from “not enough fiat for daily bills” and a “buy now pay later” (basically a “I live in debt/on credit lifestyle) to one where they lead their finances well and are entrusted with more to manage.
In other other words, transitioning from consumers to savers.
That’s a large chasm for many to cross. It takes discipline and sacrifice to reverse one’s behavior in this area.
