7 Habits of Highly Effective Bitcoiners
1131 sats \ 15 comments \ @cryotosensei 19 Nov 2023 bitcoin
  1. Bitcoiners embrace their independence of thought.
They don’t follow the herd mentality and refrain from speculating in ephemeral assets. They are happy to just stack sats.
  1. Bitcoiners live life on their own terms.
While other people worry themselves sick thinking about whether Bitcoin would bring up their portfolio value, Bitcoiners are not stingy about spending sats because they don’t want to have anything to do with fiat. They know that they can replace these sats later.
  1. Bitcoiners are low time-preference people.
They understand that Bitcoin is a long-term investment, so they discipline themselves to making sacrifices now so that they can benefit from Bitcoin’s inevitable rise in the future.
  1. Bitcoiners are action-oriented people.
Be it orange-pilling merchants to accept Bitcoin, hosting their own node or working on a GitHub project, Bitcoiners don’t wait for change to happen. They become the change they want to see in the world.
  1. Bitcoiners value self-custody.
Their independence of thought transfers over to their habits. While investors buy Bitcoin in the hopes of becoming millionaires, Bitcoiners sell fiat to buy Bitcoin because they want undisputed control of their financial destiny.
  1. Bitcoiners read regularly.
To maintain that dexterity of mind, they read many books to consolidate their insights on the failures of the capitalist system as well as the superiority of Bitcoin over other currencies. Because they are well-read, they can write elaborated, thoughtful comments that showcase their rigorous thinking.
  1. Bitcoiners do not hoard sats.
Given that the vitality of many Lightning Network apps relies on people zapping content creators, many a Bitcoiner know that as long as they contribute useful content to the community, they will be duly rewarded for their efforts. The value for value economy is well and truly alive!
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51 sats \ 1 reply \ @phygit 19 Nov 2023
5 is OK, the rest is pure BS.
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0 sats \ 0 replies \ @cryotosensei OP 20 Nov 2023
Haha thanks for the feedback! I will refine this piece when I gather more authentic insights on Bitcoiners
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20 sats \ 12 replies \ @02fa90fd41 19 Nov 2023
Bitcoiners do not hoard sats.
Kinda goes against the whole "stack sats" idea.
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132 sats \ 0 replies \ @TheWildHustle 19 Nov 2023
If someone isn't trying to live on a bitcoin standard, or is diversified into fiat and thinking about bitcoin as an investment rather than money spending corn would sound crazy (Like paying for something in Windex stock).
I get paid in bitcoin, every purchase is a decision to let go of some sats.
I try to be 100% in bitcoin at all times.
If I didn't get paid in corn, every purchase would still be a decision to let go of some sats.
I've focused on consuming less, spending is spending whether its dollars or sats, I'd rather spend sats than dollars, it's easier for me and I'd rather give value to people I'm aligned with.
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131 sats \ 1 reply \ @kepford 19 Nov 2023
I don't know if it goes against stacking. Stack and spend is how a circular economy. Here's my beef. The word hoarding is an op to demonize saving. The correct word is save. Hoarding suggests someone is doing something wrong. This is fiat brain rot. The fiat system hates saving. It means you aren't spending. They want to keep us living beyond our means. Just below break even.
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10 sats \ 0 replies \ @cryotosensei OP 20 Nov 2023
I love the idea of fiat brain rot! What a delightful phrase
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160 sats \ 6 replies \ @SpaceHodler 19 Nov 2023
Seconded.
I'd add that anyone "effective" follows the incentives first and foremost. And there are strong incentives to hoard sats.
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20 sats \ 5 replies \ @Signal312 19 Nov 2023
Yep. It feels like there's a constant social pressure to pay with bitcoin. I just paid recently with bitcoin at an event, and it HURT. I wanna stack my sats and never let them go. Or at least, not very soon. I read an article or post in the past year or so that countered the whole argument about there needing to be a circular economy. It said that the signal of people stacking sats, hodling, etc, was very powerful, much more powerful and positive for bitcoin adoption than people freely spending their sats. Anyone happen to see it?
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20 sats \ 1 reply \ @clr 20 Nov 2023
It hurts because you are likely holding more fiat than what deep down you believe you should.
Do you know what hurts me? When I hear a merchant say that they stopped accepting bitcoin because "nobody uses it".
The whole point of starting to create the circular economy now is to avoid the banking system and CBDCs when cash payments get banned.
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20 sats \ 0 replies \ @BitcoinIsTheFuture 20 Nov 2023
Great points!
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1 sat \ 2 replies \ @cryotosensei OP 20 Nov 2023
I get what you mean. I feel the pinch even when I zap Stackers 30-40 sats. Still working to demolish this scarcity mindset haha
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11 sats \ 1 reply \ @SpaceHodler 20 Nov 2023
I don't feel much of a pinch zapping stackers. Those amounts may become more significant one day, but my stack is orders of magnitude larger and, as long as I don't lose it, I won't beat myself up for having zapped dozens of sats in 2023.
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0 sats \ 0 replies \ @cryotosensei OP 20 Nov 2023
Well said!
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21 sats \ 1 reply \ @f6287b82CC84bcbd 20 Nov 2023
Save money is good, but a money that doesn't have any movement is not money. We want more adoption, and for adoption to happen people need to use it.
Just deliver value and spend less than you earn.
If I wanted to hoard, gold is much better.
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0 sats \ 0 replies \ @cryotosensei OP 20 Nov 2023
Ya I like the way you put it. Save some, spend some, share some - a balanced approach to our relationship with Bitcoin!
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