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146 sats \ 2 replies \ @Hermit 4 Nov 2022 \ on: Will you ever sell your bitcoin or just use it? bitcoin
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!!!
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.
The bitcoin wallet of the future will make this as simple as a Savings and a Checking account.
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Excelent advice, I think everyone should read this comment ;-)
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