10 reasons I am not stacking sats 👇 \ stacker news ~alter

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1317 sats \ 86 comments \ @DavidoftheDesert 12 Dec alter_native

I don't care about wealth and possessions.
Sats in cold storage can do zero work to make the world a better place.
Making a difference in the world is far more fulfilling than hoarding wealth.
We don't get to take anything with us when we leave this body.
I would rather see my children and theirs make a life for themselves and learn important life lessons.
Out with citadels, in with community. When energy and ideas flow, community thrives.
Moving and creating is living. I want to live.
Who would want to retire? A man with no purpose is no man at all.
Nothing feels better than giving
What we give, comes back to us 10x

Let us grow from parasites. Let us lift each other up. Let us support community. Let us be rid of greed and instead be giving. Let the energy flow. Let us transmute and heal. Let us grow.

A good life is about love and connection. Hoarding wealth is scarcity mindset which is driven by fear. If we want a brighter future, we must let sats flow. And we are so so so early. So let us just be grateful. Clinging to what is "mine" is fiat mindset. Not needed where we are headed.

Let us, let it go.

Thank you for reading

Please comment

💚

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287 sats \ 3 replies \ @Undisciplined 12 Dec

I'm closer to you than I am to the isolationist rhetoric of many bitcoiners.

However, I have a few caveats and addendums:

"Hoarding" does enhance purchasing power for everyone else, so it does make the world a better place.
Saving now (while it's easy) for anticipated expenses is prudent.
Financially secure people make for a more stable society.

I do like the perspective, though. A better money will mean more exchange and more preserved value. Both of those things will mean it's easier to acquire what we need in the future than it is in the present.

86 sats \ 2 replies \ @DavidoftheDesert OP 12 Dec

"Hoarding" does enhance purchasing power for everyone else, so it does make the world a better place.

That's a good point. Bitcoin is so amazing.

Saving now (while it's easy) for anticipated expenses is prudent.

This is may be "smart" but also scarce in mindset. I am an abundant fool. For the most part, I live day to day, and I am great with that. There is no reason to think I will not always have my needs met.

Financially secure people make for a more stable society.

I'm not sure what this means

56 sats \ 1 reply \ @Undisciplined 12 Dec

People who don't know how they're going to make ends meet tend to behave more rashly than those who's basic needs are taken care of.

Most people aren't as zen about providing for themselves as you. Maybe they should be, but they aren't.

My point is that we might see more kind, caring, cooperative, etc. behavior from these folks once they feel financially secure.

292 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

Bitcoin does this whether we hold it or not. If we all knew deep in our hearts the truth of Bitcoin, which is that we will have more later than we have now, there wouldn't be anything to fear. And we could all be a little more zen about being present and giving it all away. For me, I don't have a lot of Bitcoin. But I know about it's truth. So there is no reason to fear the future. My real assets are my skills which are plentiful. I couldn't starve if I tried.

97 sats \ 3 replies \ @Aardvark 12 Dec

I've spent most of my life spending the majority of my money on useless stuff that caused no real benefit to society. I'd rather stack sats and have the potential to do something down the road.

11 sats \ 2 replies \ @DavidoftheDesert OP 12 Dec

What do you want to do in the future to benefit the world?

11 sats \ 1 reply \ @Aardvark 12 Dec

Right now, the best I can do is to try to help other people from being slaves to a broken monetary system.

11 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

That's a great thing to do. I think spreading the word is important. What would you do after saving up enough sats? And how many sats would you need to do it?

44 sats \ 1 reply \ @stack_harder 12 Dec

i think saving money for future goals and things isn't the same as wealth hoarding

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

That's true. I am working on stacking for the sake of making the ~alter_native lifetime. This is one bigger goal I have.

32 sats \ 1 reply \ @alashazam 12 Dec

Feel more or less the same way, when I joined SN and Nostr ; I have received some zaps and after many months, I had around 50K satcked then I wanted to learn how to setup a Nostr relay and invested 12K into that, and after that how to setup an Alby Hub lightning node and spent 35K and that was a great way to learn by practice, beside having a relay is helping Nostr, and same for the node. It is an exchange. There is not much growth by just stacking.

5 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

The more energy flows around, the more we grow. This is the nature of everything. Transmuting energy into something better. Anything staying still is decaying.

21 sats \ 0 replies \ @Imyourfed 12 Dec

I totally agree. Living with purpose, sharing, and building community is more fulfilling than stacking sats. Letting go and giving back is the way to grow. Love this mindset!

54 sats \ 5 replies \ @Satosora 12 Dec

Retiring doesnt mean you dont have a purpose. That is only for people that believe their job is their identity. Its important to build a life outside of your work. Not saying that work life isnt important, but you need to invest in yourself.

20 sats \ 4 replies \ @DavidoftheDesert OP 12 Dec

What does it mean to invest in yourself? I agree that retiring doesn't have to mean to quit building. But generally, people think re-tired as basically they are done building and they want to be lazy and consume.

11 sats \ 3 replies \ @Satosora 12 Dec

It means to put effort into building yourself. People that retire like that usually are people without a plan.

10 sats \ 2 replies \ @DavidoftheDesert OP 12 Dec

I agree it is better to have a plan than a stockpile. What does building yourself mean for you?

0 sats \ 1 reply \ @Satosora 12 Dec

Finding hobbies and things that will challenge you.

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

I'm ways doing those things. No need to wait.

22 sats \ 2 replies \ @galt 12 Dec

"Hoarding" is a fiat term invented by politicians to justify taking from everybody, it used to be called savings. Saving hard money makes people free and gives them the power to spend on something meaningful whenever they feel like it instead of holding a melting ice cube. If you buy and live in your house, are you hoarding it?

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I also made this post that no not may people clicked on. 🤔

#806724

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

I am also grateful for sound money. And no, in owning a home, you are meeting your needs. I own property because I like to have a place to stay. Nothing wrong with owning a house. You use a house. How do you use sats in cold storage?

18 sats \ 2 replies \ @Manikese 12 Dec

When I am financially independent and I can afford food and housing without being a slave to my government, then I plan on giving as much as possible to my community through time, work, and donations.

10 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I love stacking and much as I do spending.

#806724

10 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

Sounds like a great plan. I love it.

110 sats \ 2 replies \ @grayruby 12 Dec

Love it.

I don't look at stacking sats as hoarding wealth but instead preserving the fruits of your time and energy. I suppose if you were living like the amish do (nothing wrong with that) you could argue the fruits of your time and energy is quite literally the fruit on the table, the table itself, the house you and your friends likely built that surrounds you and thus you don't need a monetary instrument to preserve the fruits of your time and energy.

In modern society most of us don't live this way and rely on trading silly paper (digital now) notes for things we require for sustenance. The problem is those silly paper (digital) notes are highly manipulated and designed to slowly steal the fruits of your time and effort and bitcoin defends against that. A man should defend his most precious assets (time and energy).

Anyways, that's my perspective but I loved your post and take on it.

21 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

Thank you. I know it is a bit over the top and idealistic. I do stack sats a bit at a time. Just wanted to offer a perspective.

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I also made a less popular post about stacking. I wonder why so few looked at it In comparison 👇

#806724

110 sats \ 2 replies \ @Solomonsatoshi 12 Dec

Have observed two types of people in life in terms of the relationship toward money. One saves and builds wealth- the other spends and have little savings...there are of course people in between too, but most visibly lean one way or the other. I have always been the former but often admired the live for the moment latter approach. But I cannot be the latter- I like to have liquid capital/savings because there are always many things I want to do and liquid capital makes it possible to do many things- creative things. Am not stacking now- I am slowly burning my stack. The stack has enabled me to 'retire' from any need to work for 'money' but i am nevertheless doing more creative and exciting things than ever before. The stack has enabled me to build a home offgrid and two other homes for family members. I am able to plant trees and develop a block of land that was abandoned by previous owners and its is fun and a lifetime dream come true. Do not feel any need to leave wealth to my children (they need to learn to earn and stack their own) but can help them now with support for education and just having time to spend with them and enjoy life with them. Definitely agree spending sats is important but its not easy to do directly- it is frustrating still having to convert to fiat before being able to pay for most things...so the more we support the few businesses who do accept sats the better. So I am a saver who is now hoping to spend most of my stack before I can't. The people who tend to live for the moment have less control over their financial lives than I do, they less often own their own home/land and often are forced to work when they might otherwise not want to. Bitcoin makes savings a rational and rewarding thing to do again - after decades of fiat debasement punishing savings and thrift. Fiat money has made a toxic culture of debt slavery - where many people are enslaved to paying rent on money that is literally created via debt. This makes people dependent and subject to the power of bankers- its lessens peoples self reliance and freedom. It drives a culture of waste, debt and consumption. I dont like it. Use Bitcoin how you want- if you choose not to save you are limiting your future options but then you might enjoy today more- if you are like me and want more control and freedom in the longer term and believe that probably you will still be alive in X number of years, plan for that future while also valuing everyday that leads to it.

14 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

The flip side that not many noticed.

#806724

14 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

This a great perspective and a balanced point of view. I realize the op was an idealistic view on living a pure abundant and present life. Which isn't quite possible in our less than ideal world. Thank you for your thoughtful comments.

110 sats \ 1 reply \ @jbschirtzinger 12 Dec

Money, properly understood and used, moves like water.

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

💯

This is an idealist view for sure. And the world isn't ideal. But I still like to consider what ideal looks like and let that be my aim. And what you said about money is ideal.

11 sats \ 1 reply \ @cryotosensei 13 Dec

It’s hard for me to write succinctly, n I always admire people who can do so. Well done!

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

Thank you. I also write a post about stacking at the same time but people didn't see it.

#806724

11 sats \ 6 replies \ @Wetoshi 13 Dec

This is the most woo woo take I’ve read on SN. Does not convey understanding of economics, bitcoin or reality. Gives strong liberal/communist utopia bs with a flair of fake “enlightened” detachment vibes.

Sorry, 1/10 for me. You’re probably well intentioned but just wrong. 🤷🏻‍♂️

110 sats \ 4 replies \ @anon 13 Dec

This is a confirmed @DarthCoin account, for anyone who cares to know.

0 sats \ 2 replies \ @Wetoshi 13 Dec

I have no relation to @DarthCoin. I just think @DesertDave writes cringe whiny things sometimes. I call it out when I see it.

Side note, I have no stake in the personal squabble. I only care about Bitcoin.

0 sats \ 1 reply \ @DavidoftheDesert OP 14 Dec

Gotcha!

Following the personal squabble, are you? Quite an astute observation of interpersonal interactions for someone that engages so infrequently here.

@DesertDave writes cringe whiny things sometimes. I call it out when I see it.

You sure do. It's the only thing you have chosen to comment on in the last couple weeks. Interesting. 🤔

Since you are pretty new here, I will help you out. Are you aware you can mute people? I suggest you mute people who you find cringe and whiny. And remember, there is plenty of stacker news to engage with that doesn't include annoying @DesertDave snowflake posts. Also, I suggest you fill out your bio at some point to tell stackers more about yourself. Maybe upload a profile pic. It helps people get to know you. And be sure to check out ALL of the @DarthCoin guides. He is the one that keeps us safe from shitcoiners, ass-milkers, and sock puppet accounts here. Important stuff. Have a great day "@wetoshi".

And welcome to stacker news. Look forward to hearing more from you. 💚

110 sats \ 0 replies \ @anon 14 Dec

Ouch.

0 sats \ 0 replies \ @DarthCoin 13 Dec

confirmed by who? by anon? Fakers trying to fake my alias are so pathetic.

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

What about this one that I posted at the same time and no one noticed. Interesting what people choose to click on 🤷‍♂️

I think people enjoy disagreeing more than seeing 2 sides of something. Anyways, check out this other post about why I like to stack sats also 👇

#806724

11 sats \ 1 reply \ @Satoshi__Nakamoto 13 Dec

Than what's all about all sats you have stacked by this post. Donate them on SN pool and post screenshot on SN. Don't forget to mention me

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

That's another good way to spend. I am busy stacking though. #806724

11 sats \ 1 reply \ @jgbtc 13 Dec

If you don't save for the future you will more likely be a burden on others. So saving (aka hoarding) makes the world a better place.

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I will never be a burden. I am skilled and helpful. And I do stack sometimes. #806724

11 sats \ 1 reply \ @OT 13 Dec

Some of those points I can agree with. I disagree mostly that hodling is bad. It is a good thing and one of the main reasons to bitcoins success. The monero and litecoin community like to say that they are spenders. That they use their coins. And I would too if I had a sh$tcoin. You want to spend it as fast as possible.

Bitcoin is the best money we have. It makes perfect sense to save it. I do think you should use a portion of your stack to encourage more retail adoption though. Sending or receiving zaps is fun and it doesn't interfere with your cold storage. You can do both.

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I think Bitcoin is great for saving and for sending.

#806724

11 sats \ 1 reply \ @Golu 13 Dec

Wonderful list of reasons! My reason is simple that I'm otherwise earning fiat so much that I hardly require to hoard more wealth but I'm stacking to diversify. I don't debate whether Bitcoin will be as big as it's hailed. I'm starting to allocate a 20% of my savings into Bitcoin. I'm happy with that.

10 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I do also enjoy stacking for some other reasons. #806724

11 sats \ 5 replies \ @Rothbardian_fanatic 12 Dec

It seems I am not really stacking sats, either. The only use lately is SN.

10 sats \ 4 replies \ @DavidoftheDesert OP 12 Dec

I like sending them back and forth. Moving the energy around.

0 sats \ 3 replies \ @Rothbardian_fanatic 12 Dec

I pretty much send them around, too. It should get conversations going a bit more than hoarding and assmilking.

0 sats \ 2 replies \ @DavidoftheDesert OP 12 Dec

It all comes back around. I am grateful to be a part of it. We are so early to something special I think. That goes for stacker news and Bitcoin as a whole.

0 sats \ 1 reply \ @Rothbardian_fanatic 12 Dec

Yes, it looks like we are the early adopters but not the innovators. Can’t wait to see the world in Early Majority!

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

🙌

11 sats \ 3 replies \ @028559d218 12 Dec

This is, respectfully, one of the most BS nonsense communist communal wealth-confiscation mumbo-jumbo pieces of BS I have ever heard. Things in life are not 'free'.

Go to your local grocery store and tell the clerk (or the manager) the groceries should be 'free' for the purposes of 'community'. See what they say?

Or the car repair shop? Or the electronics shop? Or the clothes store? Or your mobile/cell phone provider?

Or your electricity/home utilities provider.

Being generous is one thing... but the world does NOT work that way. Show up at a restaurant, order a meal, then when you get the bill say 'oh but we need to be generous'. We have 'community' here 'there is no bill.'

'Love and connection is how I pay'. They'll say ???

0 sats \ 2 replies \ @DavidoftheDesert OP 12 Dec

Doesn't have to make sense for you to be my truth. I see your POV though. Also...

#806724

0 sats \ 1 reply \ @028559d218 12 Dec

We save for the future to be able to consume. If we can't save...

Why work? Why expend effort? Why study? Why get up in the middle of the night (or any time) to pull a 'night shift' (for example) at work if we can't be rewarded with something scarce and desirable to have for future consumption?

Someone else will want that 'thing' in the future which we've earned... for which we can trade for goods and services. The alternative is... ???

10 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

This post is really about abundant mindset vs. scarcity. Stacking is the best way to save for sure. 👇

#806724

11 sats \ 1 reply \ @realBitcoinDog 12 Dec

I hope I inspired this post 🫡

10 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

Definitely helped get the wheels spinning. It's one side of the coin, point of view. #806724

11 sats \ 2 replies \ @aS7017ur5 12 Dec

I am stacking sats for future emergency.

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I love stacking as well as spending sats.

#806724

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

Good to have a plan.

11 sats \ 3 replies \ @Coinsreporter 12 Dec

Today I learned something very special.

Our perception of reality is a combination of sensory information and our brain's predictions.

0 sats \ 2 replies \ @DavidoftheDesert OP 12 Dec

Makes sense to me. We all have our own perception that makes up our reality.

11 sats \ 1 reply \ @Coinsreporter 12 Dec

I find it it uninteresting not to stack sats and I say it's my exclusive reality. ............and I'm so down on it now that I don't wanna spend it, not until it's gonna allow me do/buy all the things that I dream of possessing. To mention one of them is a travelling all around the world. Again this is my reality, the contribution of SN is big and I feel so grateful that I .......... for I know that it's their solipsism.

20 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

Congrats on stacking nearly a coin. This post is really abiut abundant vs. Scarcity mindset and intentions. Nothing wrong with stacking. Stay humble so you may keep that stack.

And see the other side.

#806724

11 sats \ 1 reply \ @jasonb 12 Dec

Boom!

Although I agree with @Undisciplined’s caveats as well.

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I made another mostly unnoticed post about stacking as well, at the same time.

#806724

11 sats \ 2 replies \ @flat24 12 Dec

Moving and creating is living. I want to live.

Personally, I was caught by this... We need to move, we need freedom, we want to live and we only live if we are in motion.

Thanks for sharing

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I also love to stack.

#806724

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

Thanks for reading. I know the sentiment here is idealistic. And the world is less than ideal. I just want to consider what is ideal and do my best.

77 sats \ 3 replies \ @anon 12 Dec

cool
ok commie
cool
irrelevant
cool
dont think you understand citadels
irrelevant
irrelevant
irrelevant
irrelevant

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

Will you rate my other post also please? The second was mostly ignored. Interesting 🤔

#806724

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

It would be waaay cheaper to use your iateassmilk account or whatever it's called. A wise man once told me to be careful how I spend my sats.

0 sats \ 0 replies \ @anon 12 Dec

Oh, hey Darth 💚

0 sats \ 1 reply \ @billiam 12 Dec

OK, chatGPT:

Here are some counterarguments to the reasons listed for not stacking sats (Bitcoin):

I don't care about wealth and possessions:
- While personal fulfillment may not come directly from wealth, financial security can provide the freedom to pursue passions, support charitable causes, and make positive changes without being constrained by economic limitations.
Sats in cold storage can do zero work to make the world a better place:
- Bitcoin can support innovation in financial technology and enable financial inclusion for unbanked populations around the world. Additionally, you can use profits from Bitcoin investments to fund charitable causes.
Making a difference in the world is far more fulfilling than hoarding wealth:
- Having financial resources can enable you to make a bigger impact by allowing you to support organizations, initiatives, or movements that align with your values.
We don't get to take anything with us when we leave this body:
- While true, having wealth can help improve the quality of life for those you leave behind and ensure that values and commitments carry on through them.
I would rather see my children and theirs make a life for themselves and learn important life lessons:
- Teaching financial literacy, including the significance of investment and savings, can be part of those important life lessons. Stacking sats might serve as an opportunity to educate future generations on emerging financial trends.
Out with citadels, in with community. When energy and ideas flow, community thrives:
- Investing in Bitcoin does not preclude building community; rather, it can be a tool to financially empower communities by removing barriers to financial transactions and creating opportunities for self-reliance.
Moving and creating is living. I want to live:
- Bitcoin and other cryptocurrencies can facilitate financial mobility, allowing you to work, move, and create globally without being restricted by traditional banking systems.
Who would want to retire? A man with no purpose is no man at all:
- Financial independence, potentially achieved through strategic investments like Bitcoin, can give you the flexibility to redefine retirement as a time to engage in purposeful activities rather than being tied to employment for financial survival.
Nothing feels better than giving:
- With increased wealth, gained strategic investments, you can have a larger capacity to give and support causes you believe in, enhancing the impact of your generosity.
What we give, comes back to us x:

Investing strategically can amplify your ability to give by growing your resources, making it possible to create a virtuous cycle where your investments support your ability to contribute back to society many times over.

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

I love stacking Bitcoin. #806724 This post is really about integrating an abundance mindset. I'm not too concerned with chatgpt's "views". Thanks for the comment though. Someone will probably get value from it.

0 sats \ 0 replies \ @DavidoftheDesert OP 12 Dec

See also...the flip side. Of course I want to stack some sats.

#806724

0 sats \ 4 replies \ @josephbaske37 13 Dec

deleted by author

0 sats \ 0 replies \ @DavidoftheDesert OP 13 Dec

I also made a post about stacking. It was as intriguing I guess as not many clicked that one. It's almost like people enjoy disagreeing more than agreeing. I don't get it.