Personally i think the more we start to use it the better, taking advamtages of LN. Obviously is not about selling all you have but looking for opportunities to use it⚡️⚡️
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Personally i think the more we start to use it the better, taking advamtages of LN. Obviously is not about selling all you have but looking for opportunities to use it⚡️⚡️
I treat it like money. At this time of my life; I'm trying to save more than I spend. It won't be like that forever
Good to hear that ;-)
I will HODL 90%. Spend 10%.
Not bad, at least we are starting to use it ;-)
im hoping i wont thats why i worry when the price is pumping like rn 😂 i loved it when it was under 20k. I have always looked at it as savings, i have yet to convince myself to use it to support btc companies locally - so torn!
I will spend it on goods and services.
I will never "sell" it for fiat...
Glad to hear that ;-)
I’m using it as my savings so will use it when and if needed. Break glass in case of emergency sort of thing.
Currently don’t have a problem using a few sats here and there on SN and the likes
Same. Most of my BTC is a savings vehicle, but I don't mind throwing some sats around here on SN and Fountain.
There is no exit strategy.
-- random dude on the internet (?)
I won't stop until I'm hodling all the 21 million coins.
jajajajaja you will need a couple of lives ;-)
It's fine to use it, it's money, and lightning makes it very convenient to use it.
Usually I just buy the same amount of Bitcoin I used (or more) to replace it.
That way I don't lose any sats and I still get the benefits of paying with BTC.
I don't see the point of buying fiat with Bitcoin though, only paying for goods and services.
Exactly, that is the way ;-)
Here is the thing. Bitcoin is at the same time store of value and for small payments let's say up to $200 through lightning.
To put an example, during a month you will pay for coffee, a hamburger, a bottle of wine, you will do micropayments on the internet to listen to podcast or to proof you are a human been, or to tip creators.
Let's say that during the month you spent a total of $500 in Bitcoin. That's good, then you buy $700 worth of Bitcoin, $200 go to your store of value hardware wallet and $500 is to spend over the next month through lightning.
We need to live and if a some point you need to buy a car, you will need to spend your Bitcoin, just don't buy a car or go on a expensive vacation during the bear market!!!
The bitcoin wallet of the future will make this as simple as a Savings and a Checking account.
Excelent advice, I think everyone should read this comment ;-)
I treat it like money, but I subscribe to Gresham's law, I don't live under a dollar standard so my local currency is depreciating way faster, I use my sats as savings and I spend my South African rands as long as someone is willing to accept it, i realise it's a hot potato and my exposure too it is far too large, having a salary in it, and previous investments like pension funds, so I need to delverage from it, hence my need to save in bitcoin
I do spend it, WHEN it's remarkably cheaper to acquire something but otherwise, its there to be used once I run out of fiat
mmmm, I understand, the faster you spoend your rands the better, the more bitcoin you can save the better ;-)
Spend and replace
Gresham's law
Save with real money Spend the shiat currency
Some day you won't have to convert back to fiat shitcoins. Some people already live on a bitcoin standard.
I don’t plan to sell. Will borrow against it when price is significantly higher and it is less volatile.
Ill ledn it out
I think this meme speaks for it self😂
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