bitman on Nostr: Selling Bitcoin means converting it into fiat - you’re cashing out and stepping ...
Selling Bitcoin means converting it into fiat - you’re cashing out and stepping back into the traditional financial system. Spending Bitcoin, on the other hand, means using it directly for goods and services, keeping it within the Bitcoin economy. When you sell, you’re essentially saying, “I don’t want Bitcoin, give me fiat instead.” But when you spend, you’re treating Bitcoin as real money, transferring value without relying on middlemen. This strengthens adoption, keeps Bitcoin in circulation, and moves us closer to a world where fiat isn’t necessary.
Every time you choose to spend instead of sell, you’re helping Bitcoin grow - not just as an asset, but as a true currency. This increase in economic density strengthens the properties that make a common good a medium of exchange. You need the monetary demand to increase adoption, otherwise you end up with a subpar store of value.
Published at
2025-04-01 06:14:59Event JSON
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"content": "Selling Bitcoin means converting it into fiat - you’re cashing out and stepping back into the traditional financial system. Spending Bitcoin, on the other hand, means using it directly for goods and services, keeping it within the Bitcoin economy. When you sell, you’re essentially saying, “I don’t want Bitcoin, give me fiat instead.” But when you spend, you’re treating Bitcoin as real money, transferring value without relying on middlemen. This strengthens adoption, keeps Bitcoin in circulation, and moves us closer to a world where fiat isn’t necessary.\nEvery time you choose to spend instead of sell, you’re helping Bitcoin grow - not just as an asset, but as a true currency. This increase in economic density strengthens the properties that make a common good a medium of exchange. You need the monetary demand to increase adoption, otherwise you end up with a subpar store of value. ",
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