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A lot of people dont keep there sats. They just turn them into gift cards and spend the fiat.
I don't end up keeping many. I want to invest them In Bitcoin communities, like stacker.
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I dont end up keeping many, either. I try to give back for good comments. I have NEVER converted my sats to fiat. The rest end up in an address l made recently.
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I like the never go to fiat part. I dub you a stacker whale.
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Haha l am not a whale, but you can look at my bio.
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I want to define a new whale. For a stacker whale, It's not about Bitcoin held, it's about trading v4v. And never purchasing fiat on an exchange. denominating in sats, living simply, OG real Bitcoin users. It's still so early. Soo many who are speculating still have to get rugged. Some of those, we call whales. For now. Where will the sats fall. Still remains to be seen.
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I think buying from an exchange is fine. Everyone has to get their sats somehow. I just choose not to use the excess sats l get from SN. But l dont know if you are really defining a whale at this point. Someone who is integrating and using bitcoin just has a headstart compared to the people who havent. It doesnt make them greater or anything.
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Buying fiat is what I said.. and I agree. I'm being a little over the top. I am just having fun..and making the point that many whales now won't be later. And many small steck holders now are working the other way.
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Yes, we are still extremely early. As @DarthCoin has said, be careful with your sats. Each one is precious!