31 sats \ 3 replies \ @bitcrazy 9 Aug 2023 \ on: How much are sats worth to you? bitcoin
I value sats as EXTREMELY valuable. On Monday, after I had stacked enough sats, I finally used my 1M sats to open a LN channel (very first one). I was so excited and I noticed that I said to my wife "Baby! I'm a millionaire!". Of course my wife, knowing the current Bitcoin value thought "I swear to God, this dude is insane.." but I have to say the millionaire feeling is very relaxing and reminding me that 1BTC = 1BTC, forever. It's future-proof to me so I never have enough. Honestly, I don't think about Bitcoin hitting $1M, if it does, it does, but I'd rather focus on saving for my future self and the true value is stuck inside me. I'm VERY specific about things I buy and I also want everything in Lightning now. I mean just imagine yourself being a millionaire because you bought Bitcoin. Most folks rather play the lottery.. That's nuts!
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I can relate to that, especially the part where the wife is thinking "I swear to God, this dude is insane.."
If you're spending sats over Lightning you must have some gauge of value, even if it isn't in dollar terms. How do you evaluate if something is too expensive?
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I do use my spending sats but I'm shifting my mind. I think it's fair to admit that all things are currently compared to USD in some fashion, but my sats are so precious that I carefully vet and filter ALL products that are irrelevant to my life at this point. So my spending is absolutely minuscule to say the least... Most folks can't even try because they're caught up in the webs of living beyond their means or just paycheck to paycheck.
I guess there really are steps to this..
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