Watched the first 28:10 just now. Will watch the rest too.
Comments: I am already doing exactly what Sahil explains, except that I don't trust a third party with my BTC (in his case, Level).
I pay for my daily stuff with fiat, just like Sahil does, mostly credit card and ALWAYS spending less than my income is, and I have some fixed monthly payments set on my fiat bank account by SEPA (like ACH). Just like Sahil does. And whatever is left after that, I stack sats with.
So the result is that every month my stack grows while I incur minimal fiat-holding risk.
Additionally, just like the host of the show, I do not trade BTC. In fact I can say that I have never, not once, sold one single sat. Never.
All this has little to do with what I was saying though, which is this constantly shilled idea that we have to pay for our daily expenses with sats. Which goes against the very idea of maximizing the growth of your stack.
First off, congratulations. This is the way :)
And you’re right. I got too excited that I found one of the relevant episodes and lost track of the fact that it wasn’t the precise one.
If a person is spending sats they would otherwise stack then I 100% agree with you.
But isn’t the idea you buy sats using USD you’d normally spend, and you use those sats for spending instead?
In that sense, it doesn’t impact sats stacking at all, it just helps to pressure bitcoin as a payment acceptance.
Sounds like you never zap then?
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