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That is a very real dilemma .. and it is not new - we all have been struggling with this right from the day gold network was established.. around five thousands year back in India .

In India , selling gold is considered bad omen ! We don't sell Gold unless it is a family crisis . Gold is passed from one generation to next. No one ever thinks of using gold to buy coffee :-)

The monetary policy with in bitcoin - e.g. bitcoin toknomoics ( fixed at 2100 Trillion #Sats ) - is to allow external people acquire a tiny part of bitcoin network .. not to use it as a means to exchange for goods and services ..

For goods and services , we have currency ( fiat or money) .. and as you rightly said , fiat is considered garbage .. you want to get rid of fiat as soon as possible and turn it into hard assets .. cumulating money is considered a sin ..I mean literally :-) aka Greed ..

Never sell your bitcoin :-) and if that is true - it is NOT money ! It is an imperishable asset ..

FreeYoda 10mo ago

Thanks, that thinking I can follow and makes sense.

I think you described the hardest money and the fact it is pushed out by lesser forms of money since those will be spend first.

This all aligns with what I concluded myself and as being 'a bit strange' makes me feel comfortable 😌

Just a pitty we can't have a coffee and some hours to discuss, I knew/hoped this was going to be interesting !

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Discussion

Satosha 10mo ago

May be it is a cultural difference, but when people use the word "money" for #bitcoin , it feels to me they intend to use it for perty transactions .. unlike gold .. even though Satoshi said it is a p2p cash system , but turns out it is gold in digital form .. like Columbus set out the sails in search of India and landed in America :-)