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Human minds react differently when spending on credit or spending with bitcoin/$ bills. Credit is a deferral of payment to the future, whereas #Bitcoin and cash settle immediately, meaning every spend has an immediate outcome. The immediate is emotional, the deferred is empty. Cash is known for its "pain of paying" because of it leaving your hands. While bitcoin has these same properties, I find joy in participating in the circular economy of BTC. And I am not alone. People like to spend their Sats, and we would argue that the infancy of the Bitcoin circular economy actually adds to the experience of transacting with your Bitcoin because it feels new and exciting. There's a reason why Steak 'n Shake has reported 15% increases in sales over the past quarter... People like to shop at places where #BTC is accepted. Every btc transaction for a good or service helps to build the circular economy of Bitcoin, and creating the circular economy of Bitcoin helps fulfill the Bitcoin thesis. Special shoutout to all of the merchants on nostr selling their goods and services: @Oshi (推し), @Satoshi Coffee Co., @Great Ghee and so many more. View quoted note →