but those sats she spent last week are worth more this week?
Discussion
the $10 she spent would still be $10 this week, unless there was some crazy inflationary/deflationary spike within a week (can happen, see covid lockdowns)
nostr:nprofile1qyv8wumn8ghj7mn0wd68ytnxd46zuamf0ghxy6t69uq3jamnwvaz7tmwdaehgu3wwdhhvun8dchxxmew0fsj7qpqehkvx8rdjsrwnf7kkqr8gy42vcwe6vwgqdwrl4juqccp689v8wfqex6z4h true, but now you are talking about timing the market when to buy sats. That isn't what I wanted to get across. My point is that even if you spend fiat, you are actually spending potential sats, which you now don't have, regardless if you spend fiat or sats. So that $10 got you 10.000 sats last week, but might now get you 9.800 sats, regardless if they were sats in the first place.
ya because the value of bitcoin has gone up - what don't you guys seem to understand?
you're getting less sats for your fiat because the price per sat has gone up. Therefore, it is economically more sound to hold satoshis rather than spending them.
More and more I come across accounts that don't know whether they should spend sats or stack sats. Mixed messaging etc.
So which is it, spend sats or stack sats?
Let me simplify the point with an example:
Imagine you have $100 in fiat and 100,000 sats (both worth $100 at the moment).
- Scenario 1: You spend $100 fiat on groceries.
Result: You still have 100,000 sats, but you've lost the opportunity to buy more sats with that $100.
- Scenario 2: You spend 100,000 sats on groceries.
Result: You still have $100 fiat, which you can immediately use to buy back 100,000 sats.
The key is: In both scenarios, you end up with the same amount of Bitcoin. The difference is that in Scenario 2, you've contributed to Bitcoin adoption by using it as a medium of exchange.
The "spend vs. hold" debate isn't about choosing one or the other exclusively. It's about understanding that spending Bitcoin (and immediately replacing it) can help drive adoption without affecting your long-term holdings. By spending (and replacing), you support the Bitcoin ecosystem while maintaining your position. This approach combines the benefits of "stacking sats" for the long term with actively using Bitcoin as intended - as a peer-to-peer electronic cash system.
I hope the example helps to get my point across.
I wish it worked that way, but it does not.
You're not getting 100k sats for $100 back because the net growth of BTC against the dollar is greater. Hence, you spend the shit coin on the present value items and save in bitcoin because it preserves wealth.
Why do you think cash notes were created in the first place? Sending gold as payment is silly AF because of value attribution over time.
I don't think you understand this because you're saying the same things again, but it makes no economic sense.
I don't think you actually try to understand what I am saying 😅 . I completely understand what you are saying, because sats increase in Fiat-value over time, thats why it's better to save in sats. However, if you spend sats and immediately replace the fiat you kept (by not spending it) back into sats, you have the same amount of sats, but helped the network. The exchange rate vs USD fluctuates, sure, but it's not that much on a minute to minute-basis.
If you don't get it, fine. Everyone is on their own btc-journey.
I understand what you are saying and I am saying it does not make economical sense to do that.