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The so-called Bitcoiners, hodling Bitcoin but earning and spending in fiat. Are you not a fiat maxi?

23 sats \ 6 replies \ @xz 10 Mar

I say yes. I see your point. But nobody really spends every day.
Maybe yesterday, maybe tomorrow and maybe today. But not every day.
Earning is a similar thing.

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Earning is a similar thing.

No is not. Earning (being paid in sats) the hardest part. Once you start being paid in sats, spending them is fucking easy.

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12 sats \ 0 replies \ @xz 11 Mar

Kay, fair enough. They are quite different things. I just tacked in on the end as an after thought.

My point was this.

Are you a Bitcoiner? If you hodl Bitcoin, but still earning and spending in fiat

Person 1. Doesn't interact with Bitcoin
Person 2. Interacts with Bitcoin

Timeline: A - - - - - - - - B

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7 sats \ 2 replies \ @xz 11 Mar

I dig this a lot. Even I don't understand much..
Or maybe I do implicitly.

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this is my way of finding & awakening the sleeping magicians;

#1244802

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2 sats \ 0 replies \ @xz 11 Mar

Ba!

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The first thing to understand is that Bitcoin is part of the economic cycle, and, as such, serves as a medium of exchange (one of the properties of money). What do I mean by this?

I'll explain with examples for RECEIVING and SENDING.

RECEIVING

Scenario 1: I offer a product or service and, in return, I receive Bitcoin in my wallet. Perfect, two Bitcoiners exchanging their time and energy in the form of Bitcoin.

Scenario 2: I offer a product or service and, in return, I receive fiat currency through a payment gateway, transfer, or whatever. I will be responsible for: educating this person about Bitcoin, or spending/converting that fiat currency into another product or Bitcoin.

Scenario 3: I offer a product or service and, in return, I receive another product or service. The classic barter system.

In every case, I've received something, and that doesn't stop me from offering my product or service.

SENDING

Case 1: I'm in a pro-Bitcoin country or city, or at a business that offers its products and accepts Bitcoin. I can send my BTC without any problem.

Case 2: I'm in a place where they don't even know BTC exists or where they're forced to accept fiat currency because they're a large company/franchise.

Here, I show the local merchants the advantages, ease of use, and freedom of using Bitcoin, and that way I can pay with my sats.

However, there's a possibility that they haven't wanted to commit to accepting Bitcoin due to fear of legal repercussions, fear of having to learn something new, business decision-making power, etc; and they can only accept fiat currency.

In either case, I'm not left without the ability to use their services. I pay because I can.

IN CONCLUSION

I'm a Bitcoiner. But I also know that the economic cycle works through barter, and in this cycle, a factor called "double coincidence of wants" comes into play, where one person must be looking for what you offer, and vice versa.

If we add to this the fact that this person, for whatever reason, doesn't know about Bitcoin, we can't demand payment for THEIR products or services exclusively in Bitcoin. You could demand payment for YOUR products/services, but many won't want to go through that process (for now).

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Despite what the bitcoin police may think, hodling and saving bitcoin as a means to escape fiat debasement is just as valid a use case as any other.

If bitcoin is money, then people are free to do with it as they please, some will spend, some will save, some will have a mix.

as for me, my stacking is basically what i few as my retirement funding, or at least a large part of it

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2 sats \ 2 replies \ @DarthCoin 10 Mar -10 sats

https://i.postimg.cc/k4KPf2g5/get_out_shithole.jpg

https://i.postimg.cc/j5xDnX16/stick_carrot_control.jpg

You spend shit that loses value.

You keep quality that maintains value.

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But the money printer running infinity. It's a trap

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Anyone who uses Bitcoin in any way is a Bitcoiner. I don't feel like there's a need to be a gatekeeper or to use purity tests to define what a Bitcoiner is.

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4 sats \ 2 replies \ @DarthCoin 10 Mar -5 sats

A real use of bitcoin is in a circular economy.
Outside of that economy is just an "investment", aka getting rich in crap fiat. Your mind is still trapped into fiat mindset.

how to live on bitcoin - to learn to earn & spend in bitcoin:

  • step 1: reduce ur wants and needs (do not eat 2-3 days at a time if u have to, go on a hike locally instead of a luxury cruise, use colder water, etc.);
  • step 2: use the mental clarity from step 1 to come up with ways to earn bitcoin;
  • step 3: repeat & educate other to do the same; brainstorm together;
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That's what I'm used to say: They say they are bitcoiners, but are sitting on their bitcoin, only to feel that big and fat chunk of fiat under their asses.

Boutik bitcoiners they are.

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4 sats \ 0 replies \ @TimeToBuyBitcoin 10 Mar -50 sats

I've been thinking about this for years, and I think the framing misses the point. Being a Bitcoiner isn't about rejecting the fiat system entirely in your daily life—that's not practical for most people. It's about recognizing that Bitcoin is better money, and structuring your financial decisions accordingly. Earning in fiat while you live in a fiat economy is completely rational. What actually matters is your savings allocation and your purchasing discipline. If you're running a consistent DCA strategy, stacking sats from your income, and being intentional about what you spend fiat on, you're making the right choice—not a maxi one, just a sound one. The distinction between someone who earns fiat, immediately spends it all, and someone who earns fiat and deliberately converts a portion to Bitcoin is enormous. The latter is the actual Bitcoiner.