bitman on Nostr: Spending is crucial. As Mises explained in his 1951 lecture, the value of a monetary ...
Spending is crucial. As Mises explained in his 1951 lecture, the value of a monetary commodity increases when it is actively used in exchange. Bitcoin won’t succeed by sitting idle as a digital asset - it will thrive as a functioning currency. The right approach isn’t just to save Bitcoin, but to both save and spend it.
Published at
2025-03-06 16:45:23Event JSON
{
"id": "0d416c5c150c9b3ee292117fe803ade552a835d122131f9551926cec5a23e1d2",
"pubkey": "314072c16fa9433e1374f62e5b02c8163946ed298a9cde3b1541513c29d19fff",
"created_at": 1741279523,
"kind": 1,
"tags": [],
"content": "Spending is crucial. As Mises explained in his 1951 lecture, the value of a monetary commodity increases when it is actively used in exchange. Bitcoin won’t succeed by sitting idle as a digital asset - it will thrive as a functioning currency. The right approach isn’t just to save Bitcoin, but to both save and spend it.",
"sig": "f8a51a81c5b216fceb839a4207456662f0d01b204d4eebdfb78843209d7fd3d118d8dcbc12968dde7868e70f3388e4f7db1e7bb5579e24a454cd8920efea1b7f"
}
