EZ on Nostr: Incentives to spend bitcoin: - feels like the right thing to do when supporting ...
Incentives to spend bitcoin:
- feels like the right thing to do when supporting services/biz/people you love
- you're too short fiat and have no other option
- you put a lot of time in your node/wallet setup and its cool AF
- fuck the banks/KYC
- some privacy and security gains (when you know what you're doing)
Disincentives for spending bitcoin:
- massive opportunity cost
- spend weaker money first
- capital gains on every fart
- privacy and security risks (when you don't you what you're doing)
- limited acceptance
- setup friction/malfunction
As of today, spending bitcoin is for the tiny minority of tech adept early adopters who make a conscious choice to do so for any specific reason(s).
Not spending bitcoin is for everyone else.
This dynamic can change when there are better Bitcoin-only products and services built on exquisite/tailored Bitcoin experiences that scale.
Published at
2025-04-01 09:06:04Event JSON
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"content": "Incentives to spend bitcoin:\n\n- feels like the right thing to do when supporting services/biz/people you love \n- you're too short fiat and have no other option\n- you put a lot of time in your node/wallet setup and its cool AF\n- fuck the banks/KYC\n- some privacy and security gains (when you know what you're doing)\n\nDisincentives for spending bitcoin:\n\n- massive opportunity cost\n- spend weaker money first\n- capital gains on every fart\n- privacy and security risks (when you don't you what you're doing)\n- limited acceptance\n- setup friction/malfunction\n\nAs of today, spending bitcoin is for the tiny minority of tech adept early adopters who make a conscious choice to do so for any specific reason(s).\n\nNot spending bitcoin is for everyone else.\n\nThis dynamic can change when there are better Bitcoin-only products and services built on exquisite/tailored Bitcoin experiences that scale.\n\nnostr:nevent1qqsveqzmelqvf2s3e9c5muzmzstgka9n5j8hud9cyk8zg35rrnw9dfqpzdmhxue69uhhwmm59e6hg7r09ehkuef0qgsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgsrqsqqqqqpfm0m82",
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