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0 sats \ 1 reply \ @fiatbad 23 Sep \ parent \ on: If you don't spend Bitcoin you're shorting the Bitcoin Revolution. bitcoin
Yea, good points.
The story of Bitcoin Beach in El Salvador sounded like one of competition. Merchants began accepting Bitcoin because they were losing business if they did not.
If we want to end The Creature from Jekyll Island, then we have to have something like Bitcoin Beach happen everywhere else. This only happens if revolutionaries force the matter. It never happens if we just use fiat and are complacent about adoption. In my opinion, Bitcoin loses its major use-case if we just continue using fiat forever.
I love this discussion because I'm 50/50 with my opinions on it... I agree with both sides, and talking through the nuance is fascinating. I think it is at the heart of the Blocksize War as well.
Circular economy does not have to start with the "spend" side, it can also start from the "earn" side.
Instead of looking for ways to spend more of your sats "for the greater good" or whatever, focus on making things bitcoiners (rich people) want to buy "for your own personal gain".
Either way, you're helping the circular economy, one way just happens to make you richer while doing so.
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