42 sats \ 0 replies \ @DarthCoin 13 Oct \ parent \ on: We don’t need more bitcoin merchants bitcoin
EARN in sats.
That is the first important step.
After that, spending is coming naturally.
I live using bitcoin only from 2018: earn in sats, spend (wisely) in sats, hold in sats. No more fiat here.
But people should understand one important thing: once you start living in a Bitcoin Standard, you will NOT spending so much as in a fiat standard. You are spending only on things you really need. Forget about your lazy fiat life spending all around your money.
That's why you will not see so many bitcoiners spending:
- because not all are still EARNING directly in sats, they still DCA
- because those that earn in sats appreciate more each sat and they will spend it only when is really need it.
What really need those merchants is to start PAYING their employees and suppliers in BTC. Then you will see the magic... of bitcoin circular economy.
So saying that we don't need more bitcoin merchants is stupid. Bitcoin circular economies start by circulating the money (sats), not by stagnating them.
As I explained here: #576140