HODL to the MAX!
Two groups to explain the situation:
1) SoV (Store of Value): Bitcoin is digital gold and will continue to go up forever so if you spending it you will waste unbelievable potential future wealth.
2) UoA (Unit of Account): Using bitcoin in day-to-day purchases will popularize it driving us faster to hyperbitcoinization, which will stabilize it making it more suitable for a dollar replacement.
Take your pick and place your bets, but I think you already know where the majority stands. I would definitely be up for small day-to-day purchases but no opportunities where I live. Plus KYC (know your customer) is having a bigger influence which creates trouble when using bitcoin. This is when the Monero bros preach their pitch.
NodeRunner / Bitcoin Samurai
npub1gm…ge7cw
2024-10-17 21:48:47
in reply to nevent1q…wz97
Author Public Key
npub1gmr63m3a7zr8v5xq4vphwz4f45cfev4ytglq83mze9uvae3khevsege7cwPublished at
2024-10-17 21:48:47Event JSON
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"content": "HODL to the MAX!\n\nTwo groups to explain the situation:\n1) SoV (Store of Value): Bitcoin is digital gold and will continue to go up forever so if you spending it you will waste unbelievable potential future wealth.\n2) UoA (Unit of Account): Using bitcoin in day-to-day purchases will popularize it driving us faster to hyperbitcoinization, which will stabilize it making it more suitable for a dollar replacement.\n\nTake your pick and place your bets, but I think you already know where the majority stands. I would definitely be up for small day-to-day purchases but no opportunities where I live. Plus KYC (know your customer) is having a bigger influence which creates trouble when using bitcoin. This is when the Monero bros preach their pitch.",
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