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30 sats \ 1 reply \ @TheBTCManual 5 Nov 2022 \ on: Will you ever sell your bitcoin or just use it? bitcoin
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 ;-)
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