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21 sats \ 2 replies \ @telcobert 6 Dec \ parent \ on: Will owning a utxo be a luxury in the future? bitcoin
There is a big difference between saving and selling, but you know that, or?
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111 sats \ 1 reply \ @DarthCoin 6 Dec
If you only save and never spend (as money), then what are you going to use as money? CBDCs? bullshit tokens? Bitcoin must circulate in order to gain power.
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0 sats \ 0 replies \ @telcobert 6 Dec
"Bitcoin must circulate in order to gain power."
I literally said that above. Saving, as opposed to hoarding, allows Bitcoin to circulate, because saved Bitcoin will be invested or loaned out, put to work. Not 'sold' that's again a different thing.
We save so we can spend in the future, by unsaving. And this is all happening in retail money, not wholesale money (L1 UTXO's).
If I had to bet (I must actually) my bet is on non-custodial ecash, redeemable in bitcoin.
PS: No trolling. Considered answers or questions, please, or it's goodbye.
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