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110 sats \ 2 replies \ @Solomonsatoshi 12 Dec \ on: 10 reasons I am not stacking sats 👇 alter_native
Have observed two types of people in life in terms of the relationship toward money.
One saves and builds wealth- the other spends and have little savings...there are of course people in between too, but most visibly lean one way or the other.
I have always been the former but often admired the live for the moment latter approach.
But I cannot be the latter- I like to have liquid capital/savings because there are always many things I want to do and liquid capital makes it possible to do many things- creative things.
Am not stacking now- I am slowly burning my stack. The stack has enabled me to 'retire' from any need to work for 'money' but i am nevertheless doing more creative and exciting things than ever before. The stack has enabled me to build a home offgrid and two other homes for family members. I am able to plant trees and develop a block of land that was abandoned by previous owners and its is fun and a lifetime dream come true.
Do not feel any need to leave wealth to my children (they need to learn to earn and stack their own) but can help them now with support for education and just having time to spend with them and enjoy life with them.
Definitely agree spending sats is important but its not easy to do directly- it is frustrating still having to convert to fiat before being able to pay for most things...so the more we support the few businesses who do accept sats the better.
So I am a saver who is now hoping to spend most of my stack before I can't.
The people who tend to live for the moment have less control over their financial lives than I do, they less often own their own home/land and often are forced to work when they might otherwise not want to.
Bitcoin makes savings a rational and rewarding thing to do again - after decades of fiat debasement punishing savings and thrift.
Fiat money has made a toxic culture of debt slavery - where many people are enslaved to paying rent on money that is literally created via debt. This makes people dependent and subject to the power of bankers- its lessens peoples self reliance and freedom. It drives a culture of waste, debt and consumption. I dont like it.
Use Bitcoin how you want- if you choose not to save you are limiting your future options but then you might enjoy today more- if you are like me and want more control and freedom in the longer term and believe that probably you will still be alive in X number of years, plan for that future while also valuing everyday that leads to it.
The flip side that not many noticed.
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This a great perspective and a balanced point of view. I realize the op was an idealistic view on living a pure abundant and present life. Which isn't quite possible in our less than ideal world. Thank you for your thoughtful comments.
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