With all due respect, I feel like you're overthinking this. Cold storage means no spending, sure. But, it's still in circulation as long as the transaction IDs have been confirmed on the blockchain.
Lightning wallet = checkings account
Hardware wallet = savings account, 401k, Healthcare etc.
Then perhaps I am misunderstanding the concept of cold storage? Does the bitcoin in your cold storage work and circulate? What am I missing? 🐶🐾🤔🤷♂️
It just means your keys are stored offline. You can spend from cold storage if you want to.
It’s more secure which is better for longer time frames. Nothing is stopping you from spending tho. That is a personal choice.
Fair. But again, it’s unlike any other currency, when it is your saving, it is still circulating in investments or other products 🐶🐾🫡
There are over 1.9 quadrillion Satoshis there are enough to save some and also keep lots in circulation as you like to call it.
Forget everything you think you know about money and stop listening to inflation based Keynesian economics guidelines. Bitcoin is an investment AND everything else. If you have enough Bitcoin you really don't need to invest in anything else. Stocks, retirement plans, real estate etc. all become rather pointless when you own something that does nothing but go up in value.
Bitcoin is a currency, right? 🐶🐾🫡
😑 dude...
Yes
Ok, I think the note below explains part of my question! Thank you for being patient with me! 🐶🐾🫡🫂
nostr:note1c7wl6efkv7gxl6tm4lce6gaxzsl7dcc7nurp2ck4krqcgam0wa8qwrvfeq
Buddy, you HAVE to read the Bitcoin whitepaper. Every hodler should.
Like I said, your holdings will ALWAYS be in circulation since your transactions have been confirmed on the blockchain. Cold storage just gives you a more secure way of accessing your own personal BTC savings. When you go to an ATM and punch in your four digit PIN to withdraw money, conceptually speaking, it is the same as entering your seed phrase to access your BTC account. You can choose to withdraw or not.
