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257 sats \ 1 reply \ @DarthCoin 20 Nov 2023 \ on: Incentives to spend sats will come in due course bitcoin
When I read first time, in 2012, the Bitcoin whitepaper, for me was clear what Bitcoin is: P2P money, nothing else.
https://i.postimg.cc/mD3tcqc9/abstract-btc.jpg
I do not see anywhere in that whitepaper saying about gainz, cash out, profits, getting rich, asset etc... Just P2P cash money, without any intermediary
I am not in Bitcoinlandia to get rich in fiat or "investing". I always used BTC as money and I use it all these years, wherever I could pay the merchant directly in BTC, especially when they didn't have any intermediary.
I onboarded a lot of small merchants too, explaining them how to manage their wallets and all that shit.
You are absolutely right, we need to start slowly that Bitcoin circular economy, is the only way forward. That circular economy not just that will make Bitcoin stronger , but also will slow down this hype with speculation on the exchanges market.
People should start earning, spending and saving only in BTC and get rid of all fiat.
I explained these aspects in this guide:
https://darthcoin.substack.com/p/how-bitcoin-will-save-the-world
"I always used BTC as money and I use it all these years, wherever I could pay the merchant directly in BTC, especially when they didn't have any intermediary."
I share the same view; I try to pay for everything with Bitcoin if I can. However, I'm not in a place where I can use Bitcoin for literally everything, and sometimes I wonder if this is going to be the "new normal" in my lifetime (I consider myself old). Where I'm from, there's little to no adaptation, and I can also say this in general terms: it's not easy to convince older people to adapt, and it's not easy to explain. When I try, people just don't care because "they won't pay their bills with it" or "it's too much work".
I find myself in a loop sometimes, trying to explain everything as simply as I can, but family and friends just give up. I've been trying since 2014, but nothing works. They're already shaped by society's standards.
Obviously, I don't force it onto anyone. I want them to study and learn before anything else. I'm doing this with my kids too, and I'll let them make their own decision, like everything in life, of course.
Also, thank you for sharing your substack, some cool stuff there!
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