Why Nostr? What is Njump?
2024-03-08 15:21:09
in reply to

CampbellClan on Nostr: I think the idea is to not sell your bitcoin for fiat, but trade for goods and ...

I think the idea is to not sell your bitcoin for fiat, but trade for goods and services. Time preference and opportunity cost play into the decision of how long to hold for. Everyone’s decision will be relative to their own lives. Despite what the talking heads say of “never sell,” Bitcoin was meant to be used how you want to use it, no authority.

With that said, it’s obviously going to cost more and more every year to get your stack of Sats back. So hopefully the utility you get out of the trade will be worth more to you relative to what Bitcoin will be trading for in the future.
Author Public Key
npub19jj94tucxtc38k4dng0zdk77prtmyn2qsmunvuqannqtgjzj6q7s8qys70