there are plenty of people who think we should not spend bitcoin
the cool part is we can spend it without their permission
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They say that because they want people to have as much Bitcoin as possible, not as some ploy to control or suppress them.
money is for saving and spending
indeed
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Send notes like you have never been to an hyperinflated country.
imagine having the best internet money and not using it
Right
I meanβ¦ we all know itβs going to spent, itβs just whether itβs spent now or later
The best part is we only use it for things we VALUE
Easy there Tony Hawk this ainβt the x-games
This was meant for @HODL kick flip video
Not spending fulfills SOV butβ¦
Spending spreads adoption, fosters circular economies, trades value, enhances MOE, and the system of non-control.
You can just send bitcoin
Do what you want without permission
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you can just zap on nostr ! Without permission β‘
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Youβve said it before, but I will say it again: if you arenβt spending in bitcoin, you have too much fiat. This is very well said @ODELL
if you aren't spending your bitcoin, your grand children call you LEGEND.
Last time I checked, we can whatever we want with our money. So what if I would rather save it?
thatβs the other cool part
πSπPπEπNπDπ
π&π
πRπEπPπLπAπCπEπ
Itβs your money, do whatever you want with it. Hold, spend, I donβt care. Just annoys me when some try to guilt people into thinking by not spending they arenβt using
agree
holding is using
π―π―π―
Money is for savings and spending π«‘
That just makes me want to spend my sats even more! Not in stupid shit, but doing my daily expenses and dump fiat
Pretty neat
Thatβs what makes nostr so cool. Before nostr, I think I bought 1 shirt with bitcoin. Now Iβm zapping my favorite thinkers on the daily.
largest bitcoin circular economy in the world
So happy to be a part of it. Thanks for always beating the drum that we should be on nostr. Took me a while to try it but Iβm glad you didnβt stop shilling.
Happy to participate in it π«‘
π€
Just passed 5M transaction here on nostr
My goal is to be 1% of that, i am falling behind
Or not is cool too. Itβs gonna happen so itβs all good
every zap is a βfuck youβ to those people
Freedom π
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I happen to have written a piece on this topic yesterday
My favorite opinion is the one that doesn't matter to me at all.
I just can't, for the life of me understand their position. Just spend the Bitcoin, and instantly buy some more with the fiat you were going to use anyway. What am I missing? Is it the 1%-2% slippage?
Buying and storing is using plus its easier to do taxes.
just reminder "everyone's a scammer"
they want your bitcoin.
We joke about a million dollar pizza, and hyperbitcoinization has not even occurred yet. I praise Laszlo for his entrepreneurial use of a new technology, but I do not wish for myself or others to be a Laszlo.
financial advice:
only sell what you can afford to LOSE
the LEGEND parts is we can just HODL never sell without their permission
#justhodl #indonesia #bitcoin
View quoted note β
#shopfreely π΄ββ οΈπ«‘
there are plenty of people who think we should not spend bitcoin
the cool part is we can spend it without their permission
View quoted note →
Our money is ours alone. Everyone other than my wife can go fuck themselves. I'll spend and stack as I please. That's the point of the thing.
there are plenty of people who think we should not spend bitcoin
the cool part is we can spend it without their permission
View quoted note →
It reveals that they think of Bitcoin just as one of the potential investments out there. They don't get that Money isn't an investment.
You're absolutely right.
Celebrating the truth of this statement by installing knots on the start9 server I just bought for btc (which I immediately replaced ofc). Got a nice discount for using btc, too.
The network does not ask for their permission to validate your transactions. HODL or spend? You decide, not them.
Hell yeah.
Iβm not one of those people! I say donβt sell ALL of your Bitcoin. If you buy it on something that you absolutely NEED, why the heck not? I will never feel bad about buying shelter or knowledge.
Nor should you. I imagine the point is that as a Free Market community, we are coming together to find ways to expand our transacting to strengthen and secure the protocol. My intention is to find someone who wants Bitcoin in exchange for their investment property. And an independent grocer who accepts Bitcoin. And so on and so on until all my daily needs can be met by trading my Bitcoin for the goods and services I need. And until I earn in Bitcoin, Iβll keep swapping my fiat over to cover what I spend. Win win π₯
Very well said @Lululuna These are my thoughts EXACTLY!
And I agree with you! Never sell / trade all your π₯
π
And I can't understand that. They compare bitcoin to gold and think they will only use it to store value. They will take loan and spend fiat. That may work in the short term, but if we all do it that way, then fiat wins. The ultimate goal is for fiat to disappear, so we need to use Bitcoin constantly.
You have to accept both usages of Bitcoin :
- yes, it is a money for everyday transactions
- and also yes, it is a store of value, actually the best humanity ever had, better than gold.
Some people will use it as money only, or store of value only, and others will use it in both ways.
If Bitcoin is not a good store of value, itβs not a good medium of exchange. If itβs only a store of value, itβs not money. If Bitcoin is not money, it fails in the long run even more than gold did, because scarcity is not why Bitcoin has value in the first place.
Yes, scarcity is just one of the properties of Bitcoin.
bitcoin transactions are also important for the networkβs long term security and societal value πͺ
Be more Lazslo, simple as. If no you, then who?
Two years ago, I did not think I should spend my Bitcoin.
Today, Iβm focusing my mental capacity on how to spend it on
E V E R Y T H I N G I need in daily life.
#backflip
Oops
Might have just zapped you
Great sentiment
Bitcoin is just money. Money is for spending
Ofc the choice of what to spend it on is totally up to you
Value is in the eye of the beholder
Turns out I still need the wife's permission π
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Good Morning Nostr!!!
You can just use Bitcoin as money.
View quoted note β
Hoarding without permission
Permissionless spending on permission marketplaces π«‘
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On whatever tf we want too
β‘οΈβ‘οΈβ‘οΈ
...and even on cars π
if only there were an escrow account that collected 1% of 1% of each transaction and allocated an even annual split back to all its members!
This is a scarcity mindset, which shouldn't be conflated with Bitcoin's scarcity. I know I produce more than I consume, so spending Bitcoin isn't a concern for me. I have savings and it increases over time, whether I spend or not. I figure the bulk of these people are leveraged to the hilt, have a small stack, or produce little economic value. That's generally consistent with those who have a scarcity mindset. There are exceptions, but they aren't the ones telling me how to use my money.
π«‘
Amen.
Does zapping on Nostr count as spending my bitcoin
π«Ά 
It's just a matter of being in a bitcoin standard or not π€·ββοΈ who for need still has Fiat obviously spends Fiat and keeps βΏ. Who is lucky enough to be in a standard βΏ obvious who spends βΏ ππ