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
100% agree
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.
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