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745 sats \ 6 replies \ @anon 24 Aug 2023 \ parent \ on: Why don't you spend your bitcoin? bitcoin
The Bitcoin network won't survive if no one uses it. You morons need to stop promoting the use of fiat for everyday spending and Bitcoin for saving.
You're all fiat maximalists with this thought process. Shame on you.
"but but but anon why should I be trying to actually get off the banking system and onto the Bitcoin network???? The $1000 I spend in rent could be a berjillion fiat units one day!!!"
morons.
Saving it IS using it. Specifically as a store of value. The idea that you need to spend to use it is Keynesian.
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Yeah just like burying cash in your backyard is "using it" right?
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Saving money is using money, yes.
Obviously doesn't make sense with USD, but with bitcoin... That's the entire fucking point.
Our economic health needs to go back to being based on saving, not spending. We're so used to the idea that spending is the only way to keep the economy healthy and stimulated that we don't recognize how backward that is.
What do we say about the principles of sound money around here? It needs to be salable across time and space. Well, we haven't had money that's salable across time since 1971. Now we do, and the more people that take advantage of that, the more scarce and valuable bitcoin will become.
Step 1 - remember that money is supposed to be USED as a store of value
Step 2 - USE money as a store of value
Step 3 - world resets to a bitcoin standard
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You come off like you just read the bitcoin standard for the first time three weeks ago.
Are you new to Bitcoin? I'm not sure if I should teach you why you're wrong or scold you for being wrong.
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I’m always down for a respectful conversation. Not sure why the tone has gotten so hostile and condescending around here lately.
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Buy it, save ,it Work for it, spend it
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