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Writing notes and comments about #Bitcoin, #Nostr, #Freedom and software development

Ditch is a good place to hodl eth 😄

#meme #memestr #fun #voting #politics

Selling bitcoin means you're converting it to something else, it might be fiat or it might be some product or service. But in any case you're giving away your coins to someone else.

Every time you choose not to hodl you're not helping Bitcoin grow, exactly the opposite.

If you give you're selling your coins to some merchant, they're more likely to trade their coins for fiat in this economic order to pay taxes, raw material etc.

To be more precise, I'm not against spending bitcoin, I spend bitcoin whenever it's more convenient or faster than fiat would be, or when merchants offer premium when paying with bitcoin. I just want to say that if you want to help bitcoin growth, the best way to do it is just hodl and not selling your coins either against fiat or anything else.

Spending == selling.

If you spend your coins it just means than someone else will hold those coins.

Accepting bitcoin is good for the merchant and there will be time when merchant will not accept fiat anymore and you can't buy good/service you want unless you're willing to spend bitcoin, but that time isn't here yet (except for in some places) and best way to support bitcoin is by holding it yourself.

Bitcoin first need to prove to be store of value, then it can move slowly towards being medium of exchange.

gm

Am I hallucinating or does Nostr seem to be more active lately? I've got a lot of new npubs to follow and saw more new quality notes in last few days than ever.

I can't believe I say this but it feels that this US administration is even worst than the last one!

I call that BS. People posting shit here doesn't prove thag Nostr is a threat to controlled social media 🤷

There's no way socialism could work 😂

gm

If you're afraid of new tools improving productivity and ways of working, you're ngmi, sorry.