I completely agree with you nostr:npub1klj98ahaaduuegwcd7lscjeqa0h2680f75r82gnr35pua8ls36xqh9t938. Poor choices in spending Bitcoin reveal waste in my personal lifestyle too. I've also been thinking in terms of resilience and increasing sovereignty. If spending Bitcoin isn't going to make more Bitcoin, increase resilience or sovereignty then I'm less likely to spend it.

It's really challenging to pinpoint when the scales tip in favor of spending because the financial capital opportunity cost is so great. I think nostr:npub1cf3zeytdnwgwzz5pk2ax0vvmmlzad03xcft4d50ejrfhsh8pxcdsefx7gk makes some good points on the topic of spending Bitcoin. I like the thought that it's not only about hodling as much bitcoin as possible but, as he says, it's about getting it across the finish line too. Thinking in these terms helps me decide what to spend on.

I hear nostr:npub15879mltlln6k8jy32k6xvagmtqx3zhsndchcey8gjyectwldk88sq5kv0n often say, always be frugal; never be cheap. When I spend Bitcoin on something the feedback becomes much more clear if a choice was frugal. I find myself valuing the longevity of a purchase more. The longer I can wait to replace something, the less Bitcoin I will have to spend on the replacement.

Strangely enough, Bitcoin also creates the stability for one to choose to sacrifice time being productive for more time building life experience and spending time with family, for example. I find my self valuing time spent building forms of capital that money can't necessarily buy like experiencial, and social capital more than I used to.

In short, the saying Bitcoin fixes this is resonates with me when it comes to capital allocation.

#bitcoin #meshtadel #8formsofcapital

nostr:nevent1qqs0gxk48e75xhhz3pxqcfhswfwrppgep462nls8r2n5z9zyhtrscnspzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtczyzm7g5lklh4hnn9pmphm7rztyr47atgaa86svafzvwxs8n5l7z8gcqcyqqqqqqg08f8vz