Anecdote on Quality, Brand vs Cost for bitcoin builders:
Family member wanted to buy a large amount of bitcoin. I suggested a few exchange options, with different ranges of fees & brand positioning
They didn’t care about the “minor” variance in cost between them. At all.
For them it was purely about which one made them *feel* the most comfortable. Brand perception. Trust. Quality.
Many such cases!
You might think holding 0 dollars is crazy or impossible. In this series, I attempt to make a case for why it's simply rational.
"Spend fiat, stack sats" becomes "Stack sats, spend sats" (via any payment rail). The friction of spending sats is gone: a huge step to furthering circular economies.
When you upgrade your money, spending bitcoin goes from being ideological to logical.
You can own other stuff-cars, property, guns, equity-just not toilet paper money (dollars).
Dollars are just a shitty, legacy payment rail to move bitcoin. You don't need to hold any.