Vic :Cacodemon: :doomguy: on Nostr: its literally the opposite of what you have here. if your only action is buy and hold ...
its literally the opposite of what you have here.
if your only action is buy and hold then..
1) it is an investment that you are waiting for others to perform actions that increase your fiat value.
2) fiat exchanged for bitcoin is either spent by the bitcoin seller on fiat things, or invested in other endeavors, either way it grows/perpetuates existing
if you really want to perform a revolutionary act against the ruling class, you need to go beyond the fiat mindset of buy and hold and instead
- earn bitcoin
- demand bitcoin for goods and services
- spend bitcoin to promote circular economies
- use bitcoin to subvert limitations like bank closures etc
- learn and perform other self sovereign actions
Its totally fine to spend and replace while people are still accepting inferior monies
but dont rest on your laurels. act.
Published at
2025-02-14 12:57:04Event JSON
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"content": "its literally the opposite of what you have here.\n\nif your only action is buy and hold then..\n1) it is an investment that you are waiting for others to perform actions that increase your fiat value.\n2) fiat exchanged for bitcoin is either spent by the bitcoin seller on fiat things, or invested in other endeavors, either way it grows/perpetuates existing\n\nif you really want to perform a revolutionary act against the ruling class, you need to go beyond the fiat mindset of buy and hold and instead\n- earn bitcoin\n- demand bitcoin for goods and services\n- spend bitcoin to promote circular economies\n- use bitcoin to subvert limitations like bank closures etc\n- learn and perform other self sovereign actions\n\nIts totally fine to spend and replace while people are still accepting inferior monies\n\nbut dont rest on your laurels. act.",
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