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Discussion
Well, this is why I'm replacing stocks with Bitcoin and gold. 😂🤷♀️
Bitcoin is now a stabilizing influence in my portfolio.
Also probably the reason why we're finally using it as a real currencies.
I only use it as currency when I have to honestly. Why spending hard money?
Perfectly divisible hard money never existed before on a global scale, I'm sure a reason will pop up 🥳
Yeah there are already plenty of situations where using bitcoin over fiat makes more sense. This will further expand. Eventually we’ll mostly be using bitcoin wondering how anyone could ever be so stupid not to. But for now saving in it and a few zaps are enough for me.
The question for me is, increasingly, do I want to hold fiat in the bank, even for a month? And when, how much?
I've set myself this arbitrary challenge to be out of "checking account money" within a week of his income dropping. 😂 It's become like a game for me.
Just one week throughput to bills, transfers, purchases, and cash outs.
I could handle high inflation within a week.
I like this. Only catch is, this makes the need for KYC solutions like strike more likely (if convenience is a topic for you which it is for me) because with reduced fiat liquidity one requires more on-ramp/off-ramp liquidity. This one is bugging me a lot recently
I just use 💶 and my VISA that autodeducts monthly, four days after payday. Then I only need a couple hundred in my account.
I've been moving monthly payments from PayPal and SEPA to VISA and then it's one predictable lump sum every month.
Cuz we have nothing else.
Why use any money that isn't hard money?
Bitcoin stabilized at 100% of my portfolio some time ago. 😅