Replying to Avatar HODL

Saving in gold and bitcoin does help, especially in the long run but most, if not all, of the money saved in those forms of hard money is being earned in fiat, so everyday spending money becomes worth less and less, lowering purchasing power and standard of living even for us enlightened few able to save the value they've created.

I'm not trying to be a contrarian, my question is whether anyone knows of a feasible way to escape that hell and not starve to death while sitting on gold coins that, once spent, become less and less replacable because of monthly pay cuts.

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It's helped me, but it doesnt change the fact that my salary still sucks. It's only greatly helpful to the extent that I was able to stack sats early. Otherwise it would take much longer to square the difference. But that's just a transitionary time problem. It would be solved once we are on a sound money system again. I'm still grateful, but it doesnt solve all problems yet.

Hm, well, I hope that can be achieved despite the governments of the world because they would certainly rather die than expropriate us commoners any less.

They will tax your known BTC to keep you small. No one will save you but your own courageous decisions (and they may seem, probably are risky)

I’m not great with theoretical questions, but basically, you need to live below your means and save more than those around you.

When you need cash, borrow against your hard assets if you can or use a systematic withdrawal plan—selling small, regular amounts while preserving their nominal value.

I know of that strategy, thanks for sharing 👌🏻

Trouble is, not only do we save more than most people are able to but my wife and I have a household income roughly 2.5x the median in our country and we still have an incredibly hard time getting ahead in any way.

I guess since neither of us was born into wealth and neither of us is a one-in-a-million super-genius, we're just doomed to stay lower-middle-class tenants forever 😅

Ebrybody here has countless contact points with merchants everyday.

When was the last time you asked someone if they would accept Bitcoin or Monero? When was the last time you used your credit card?

See. Being middle class is a choice and everything starts with courage.

That's also why Monero people are encouraging all CEX to delist it. They know that where we are going, we don't need CEX. It's pure fear that speaks through you when you think exchanging back to fiat natters.

Put a thousand fiat tokens into XMR, make itva daily habit to ask people if they accept it Luke a crazy person and enjoy becoming upper class. Not because someone like Wallstreet with the NGU fiat printer made it happen, but you yourself.

Please don't tell me you are a Bitxoin maxi. It's really the lower middle classes theme to make them be appreciated more by society without putting in any work of your own.

Tell me how it went in 10 years!

I’m in a similar situation and find it hard to relate to the typical bitcoiner lifestyle that many here seem to enjoy.

I think I’ve found a way forward, though. It involves trading, so I understand it’s not for everyone, but it’s been a real game changer for me.

That’s actually why I’m here on Nostr with this new account—I want to share my method with lower-middle-class tenants who might benefit from it.