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20 sats \ 12 replies \ @02fa90fd41 19 Nov 2023 \ on: 7 Habits of Highly Effective Bitcoiners bitcoin
Kinda goes against the whole "stack sats" idea.
If someone isn't trying to live on a bitcoin standard, or is diversified into fiat and thinking about bitcoin as an investment rather than money spending corn would sound crazy (Like paying for something in Windex stock).
I get paid in bitcoin, every purchase is a decision to let go of some sats.
I try to be 100% in bitcoin at all times.
If I didn't get paid in corn, every purchase would still be a decision to let go of some sats.
I've focused on consuming less, spending is spending whether its dollars or sats, I'd rather spend sats than dollars, it's easier for me and I'd rather give value to people I'm aligned with.
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I don't know if it goes against stacking. Stack and spend is how a circular economy. Here's my beef. The word hoarding is an op to demonize saving. The correct word is save. Hoarding suggests someone is doing something wrong. This is fiat brain rot. The fiat system hates saving. It means you aren't spending. They want to keep us living beyond our means. Just below break even.
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I love the idea of fiat brain rot! What a delightful phrase
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Seconded.
I'd add that anyone "effective" follows the incentives first and foremost.
And there are strong incentives to hoard sats.
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Yep. It feels like there's a constant social pressure to pay with bitcoin. I just paid recently with bitcoin at an event, and it HURT. I wanna stack my sats and never let them go. Or at least, not very soon.
I read an article or post in the past year or so that countered the whole argument about there needing to be a circular economy. It said that the signal of people stacking sats, hodling, etc, was very powerful, much more powerful and positive for bitcoin adoption than people freely spending their sats.
Anyone happen to see it?
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It hurts because you are likely holding more fiat than what deep down you believe you should.
Do you know what hurts me? When I hear a merchant say that they stopped accepting bitcoin because "nobody uses it".
The whole point of starting to create the circular economy now is to avoid the banking system and CBDCs when cash payments get banned.
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Great points!
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I get what you mean. I feel the pinch even when I zap Stackers 30-40 sats. Still working to demolish this scarcity mindset haha
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I don't feel much of a pinch zapping stackers. Those amounts may become more significant one day, but my stack is orders of magnitude larger and, as long as I don't lose it, I won't beat myself up for having zapped dozens of sats in 2023.
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Well said!
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Save money is good, but a money that doesn't have any movement is not money. We want more adoption, and for adoption to happen people need to use it.
Just deliver value and spend less than you earn.
If I wanted to hoard, gold is much better.
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Ya I like the way you put it. Save some, spend some, share some - a balanced approach to our relationship with Bitcoin!
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