Jan Kotas

Jan Kotas's avatar
Jan Kotas
kotas@hackinglives.com
npub1tp6w...5hhr
Co-founder of Bitcoin Paraguay and Hacking Lives. Paraguay 🇵🇾 | Flag Theory | Bitcoin | Sovereignty I help people opt out and live life on their own terms.
Just for those who feel a bit lost and don’t understand what’s happening - in simple terms - the FED is creating money that didn’t exist before to prop up drying liquidity in global markets. Why? Because they don’t want the credit-fueled party to end. When you build an economy on debt, the music has to keep playing… If it stops, the tough hangover hits. They fear inflation, yes - but they fear something even more - mass unemployment, cascading bankruptcies, and, above all, a government unable to service the enormous debt it has piled up over decades. So from their perspective, higher inflation is the “lesser evil” compared to a full-blown correction. What does this mean for us, the retail plebs? When new money is created without corresponding real economic production, prices rise and your purchasing power gets diluted. Everything becomes more expensive because the unit you measure value with - the dollar - keeps losing its meaning. 1 USD yesterday ≠ 1 USD today. The measuring stick is broken. And there’s only one rational response: OPT OUT. Save in bitcoin, the only truly scarce asset in the world, with a monetary policy as predictable as Swiss clockwork and immune to political manipulation. image
People keep demanding the state pay for EVERYTHING - healthcare, education, safety, pensions, public spaces, science, sports, you name it. But nobody wants to admit the obvious: the government isn’t a magical ATM with infinite money. YOU pay for it - through your paycheck, your taxes, inflation and ultimately your future (and your kids’ and grandkids’ futures too). And yes, you’re forced to bankroll services you don’t use, policies you don’t want, and systems you never asked for. So tell me again - how is that “fair”?
Bitcoin is meant to be money - not just a “store of value” or “digital gold.” To be money, it has to actually be used as a medium of exchange. The more bitcoin circulates, the more adoption grows - and with adoption comes long-term appreciation, because bitcoin is scarce. That’s why it’s crucial to spend sats and support businesses that accept bitcoin. When sats move, business owners take Bitcoin seriously - and once they do, others follow. Moreover, the more places accept bitcoin, the more sovereign we become, because we rely less on government-regulated intermediaries. I hear this all the time: “Why spend bitcoin when I can spend fiat?” or “I save in bitcoin, but I’d rather spend fiat.” Yes, we all know Gresham’s Law - bad money drives good money out of circulation. But we must also remember Thiers’ Law, which applies in the late stages of failing currencies - when bad money becomes so worthless that no one wants to accept or hold it anymore, and good money finally wins. If we want that future, we need to pay with bitcoin today. Spending it incentivizes businesses to accept it and a real circular bitcoin economy starts to form. As adoption grows, reliance on fiat shrinks, and people naturally move away from bad money. So yes - every bitcoin payment counts. Every merchant you convince is one more small win on the path to the Bitcoin Standard. And even if you only care about price, spending and replacing sats still drives adoption - and adoption drives appreciation. TL;DR: Spend. Replace. Onboard. Repeat. ✌️
There’s so much positive news - the setup across every metric is the most bullish it’s ever been: companies stacking sats, central banks buying, major players and institutions on board, QT officially over - yet the only thing the average Bitcoiner can think about is “Have we already seen the cycle top?” 😂 Wake up, legends. We’re still early. 🚀🧡
Convincing Paraguayan merchants to accept bitcoin isn’t hard — they truly hate Bancard’s fees and its local monopoly. The real challenge? Getting them to keep it — or giving them easy-to-use local offramps...