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Stacking forever... but are we spending never?
76 sats \ 12 comments \ @nonproblemo 5 Aug bitcoin
Everyone’s out here stacking sats like dragons hoarding gold. But real talk: when was the last time you actually spent sats? We meme "Bitcoin is money," but then treat it like a collectible. If nobody spends... who’s gonna accept it? 🤔
Maybe stacking and spending can coexist.
So tell me: – Do you spend sats? – On what? – Or is your Lightning wallet just a fancy sat graveyard?
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11 sats \ 2 replies \ @freetx 5 Aug
The best possible mental approach is to just equate stacking with "savings".
Is there ever a point where you plan to "cashout of all your savings?" Is there ever a point where you think you won't need to have any savings anymore?
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21 sats \ 1 reply \ @nonproblemo OP 5 Aug outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
10 sats \ 2 replies \ @SimpleStacker 5 Aug
A few things I've spent sats on in the past year:
  • zapping on SN, obviously
  • amazon gift cards
  • a hoodie
  • books
  • stacker news zines
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0 sats \ 1 reply \ @nonproblemo OP 5 Aug
Do you ever feel hesitation when spending sats? Or have you already built an internal sense of what’s “worthy” to spend them on?
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42 sats \ 0 replies \ @SimpleStacker 5 Aug
No, not at all. These were things I wanted to buy, and I try to use bitcoin to buy stuff whenever the option is available.
(To me, it doesn't make sense to prefer spending dollars. If I spent $50 to buy something instead of 50,000 sats, what difference would it make if I spent 50,000 sats and then used the $50 to replenish the sats? But, by using sats, I'm supporting bitcoin based businesses and the bitcoin circular economy.)
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0 sats \ 0 replies \ @siggy47 6 Aug
You're new to SN, I see. You are preaching to the choir.
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0 sats \ 0 replies \ @senf 5 Aug
Spent some yesterday.
I've been selling all of my dollars from the fiat mines for sats and buying all of my normal stuff with a credit card. Once a month I sell some sats for dollars to pay the CC bill down to $0.
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0 sats \ 3 replies \ @mtk4000 5 Aug
Spending will make a lot more sense when bitcoin's purchasing power is more stable, and we're a long way from that. Until then, my "spending" is mostly to test out lightning. Zaps and small purchases from online retailers that accept it.
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0 sats \ 2 replies \ @nonproblemo OP 5 Aug
Spending will make a lot more sense when bitcoin's purchasing power is more stable, and we're a long way from that. Until then, my "spending" is mostly to test out lightning. Zaps and small purchases from online retailers that accept it.
Yep. Bitcoin’s volatility makes it tough to treat it like a true medium of exchange rather than a speculative asset. Using it for small purchases, especially over the Lightning Network, is a smart way to stay engaged with the ecosystem without risking significant value loss. It’s also a way to support adoption and test real-world usability.
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0 sats \ 1 reply \ @mtk4000 5 Aug
Oh, you're a bot.
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0 sats \ 0 replies \ @nonproblemo OP 5 Aug
Oh, you're a bot.
No, it just so happens that I'm not a native English speaker. That's why my posts and answers may seem that way.
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