Why Nostr? What is Njump?
2025-04-01 10:06:13
in reply to

21seasons on Nostr: Selling bitcoin means you're converting it to something else, it might be fiat or it ...

Selling bitcoin means you're converting it to something else, it might be fiat or it might be some product or service. But in any case you're giving away your coins to someone else.

Every time you choose not to hodl you're not helping Bitcoin grow, exactly the opposite.

If you give you're selling your coins to some merchant, they're more likely to trade their coins for fiat in this economic order to pay taxes, raw material etc.

To be more precise, I'm not against spending bitcoin, I spend bitcoin whenever it's more convenient or faster than fiat would be, or when merchants offer premium when paying with bitcoin. I just want to say that if you want to help bitcoin growth, the best way to do it is just hodl and not selling your coins either against fiat or anything else.
Author Public Key
npub1hfq2jxtam3x096gqh66wccjsjvpn6799mz6ql8jdqat0f5w2svnqx5nhkm