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As a community we need to convince our fellow "Bitcoiners" that unit of exchange is the ONLY priority. Transacting on Bitcoin, whether that be on-chain, or Lightning, or Fedi, Ark, etc. is exactly what brings transactions into the base-layer. People who enjoy using Bitcoin are more likely to graduate into on-chain and multi-sig transactions. Generating fees, and building grass-roots interest overall in Bitcoin. Transacting in Bitcoin also drives that magical NGU. Wonder why this cycle's top was so pathetic? In 2014 and 2017 we were transacting with Bitcoin! Institutions and ETFs have proven useless in improving Bitcoin's value. These speculative bastards are only interested in Bitcoin for fiat alpha.
100% agree
Those of us who are "diamond-hands" holders, and never spend their Bitcoin are the problem. These tourists are also only here for NGU-tech, and only care about Bitcoin for that fiat price. They never seek out, and reward, hardworking Bitcoin friendly merchants who are taking a risk to trade in the best money.
Completely agree. People don't have to "spend their stack" but they should spend a little bit if nothing else but to understand the technology they are saving in. Stacker News, Nostr, small goods and services... a little bit goes a LONG way.
Stop splitting pennies on First-in-First Out, cost-basis bullshit.
Calculating capital gains on micropayments across the internet... is impossible. 10 sats is what 1/2 a cent? Hopefully we build better business models and incentives 1/2 cent at a time
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As a community we need to convince our fellow "Bitcoiners" that unit of exchange is the ONLY priority. Transacting on Bitcoin, whether that be on-chain, or Lightning, or Fedi, Ark, etc. is exactly what brings transactions into the base-layer. People who enjoy using Bitcoin are more likely to graduate into on-chain and multi-sig transactions. Generating fees, and building grass-roots interest overall in Bitcoin. Transacting in Bitcoin also drives that magical NGU. Wonder why this cycle's top was so pathetic? In 2014 and 2017 we were transacting with Bitcoin! Institutions and ETFs have proven useless in improving Bitcoin's value. These speculative bastards are only interested in Bitcoin for fiat alpha.
Those of us who are "diamond-hands" holders, and never spend their Bitcoin are the problem. These tourists are also only here for NGU-tech, and only care about Bitcoin for that fiat price. They never seek out, and reward, hardworking Bitcoin friendly merchants who are taking a risk to trade in the best money.
FAR too many "Bitcoiners" become absolutely paralyzed in perceived taxable-events. First, stop being so honest with unaccountable pedophiles, and despots. Secondly, for those of you paralyzed in fear of government, and who can't ignore their mystical tax-beast: simply spend and replace. Stop splitting pennies on First-in-First Out, cost-basis bullshit. This IS the state-attack on Bitcoin, trapping us in fear and impossible paperwork. If you spend $100 of BTC/Lightning today, purchase $100 of BTC today. This is a break even scenario - BOTH transactions took place at relatively the same "price". This is honest enough.
Stand up for something in your life, pussies. We only have ONE shot to separate money and state. At least once a month - find a wonderful Bitcoin merchant, show them some love with Bitcoin.