I'd like to add that this is not meant to say "don't spend anything! Save everything and never eat out, never buy fun stuff, never go on vacation!" and so on. Instead it's meant to make you be more conservative and delay gratification as long as you deem it reasonable, do I want to spend my money on cheap stuff now or be more patient and have better stuff later?
Because humanity never stops producing more stuff, and Bitcoin will never grow it's capped supply, relative to that capped supply of Bitcoin units the ever growing supply of new stuff gets lower and lower in cost. This is what saylor (npub15dq…lm5m) meant by "It's going up forever Laura!" and what Jeff Booth (npub1s05…eyhe) means when he talks about us living in a world of abundance where everything getting cheaper over time.
But do not forget that while our Bitcoin value grows, we're constantly losing time on the slow march towards the end of our time among the living.
We all have to balance whether the enjoyment we get from getting things earlier in our finite lives exceeds the greater value the finite Bitcoin spent on it will grow into.
For example, I have spent the equivalent of about 0.15 ₿ on my collection of physical media since the end of 2023. But I'm spending far less than I would otherwise because I'm also spending a lot of my free time finding the best deals possible, I find it feels like a treasure hunt! Shopping at thrift stores, online eBay resellers for used copies, or sales direct from the manufacturers.
This collection of physical media is more valuable to me than 0.15 ₿ is, because it's engineered fun for myself and my family and friends that I get to own and use without needing permission from anyone else, for the rest of my life.
Maximize your enjoyment of life, Bitcoin is just the greatest tool to do so. Don't HODL forever, but be more conscious in how you spend your savings and future you will be grateful for it.
TheBitcoinBattery / ₿ = Perfectly stored time + energy
npub1kl…fq497
2024-08-29 15:54:47
in reply to nevent1q…epy4
Author Public Key
npub1kl8aguhljq6yrmrv64dm2phew3pprfhx3ef9yh2zg3gkn0dq8adqzfq497Published at
2024-08-29 15:54:47Event JSON
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"content": "I'd like to add that this is not meant to say \"don't spend anything! Save everything and never eat out, never buy fun stuff, never go on vacation!\" and so on. Instead it's meant to make you be more conservative and delay gratification as long as you deem it reasonable, do I want to spend my money on cheap stuff now or be more patient and have better stuff later?\n\nBecause humanity never stops producing more stuff, and Bitcoin will never grow it's capped supply, relative to that capped supply of Bitcoin units the ever growing supply of new stuff gets lower and lower in cost. This is what nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m meant by \"It's going up forever Laura!\" and what nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe means when he talks about us living in a world of abundance where everything getting cheaper over time.\n\nBut do not forget that while our Bitcoin value grows, we're constantly losing time on the slow march towards the end of our time among the living. \n\nWe all have to balance whether the enjoyment we get from getting things earlier in our finite lives exceeds the greater value the finite Bitcoin spent on it will grow into.\n\nFor example, I have spent the equivalent of about 0.15 ₿ on my collection of physical media since the end of 2023. But I'm spending far less than I would otherwise because I'm also spending a lot of my free time finding the best deals possible, I find it feels like a treasure hunt! Shopping at thrift stores, online eBay resellers for used copies, or sales direct from the manufacturers. \n\nThis collection of physical media is more valuable to me than 0.15 ₿ is, because it's engineered fun for myself and my family and friends that I get to own and use without needing permission from anyone else, for the rest of my life. \n\nMaximize your enjoyment of life, Bitcoin is just the greatest tool to do so. Don't HODL forever, but be more conscious in how you spend your savings and future you will be grateful for it.",
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