Bitcoin sitting in self-custody is unusable wealth.
Bitcoin for everyone was an idea you can just whisper today
[902190]
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Yes, please use it as the currency it was meant to be ✊🏻
It is not ready to be a medium of exchange Nostrich. It is about preparing yourself with a structure that would allow you to extract fiat without selling a sat.
Forget Ledn and friends, they are retail traps, if you already acquired any meaningful amount of Bitcoin, it is time to elevate your set up to be unreachable
[902191]
2 piles like I've always done over the years starting back in the 70s. Savings and checking.
Savings and checking in what? I will assume you converted to BTC. If so, you probably do not yet comprehend the value of what you are holding, no one does. Your research must shift to asset protection rather than self custody alone
[902192]
I convert it all.
Alright good. You must. And then? You withdraw to your own custody. The question is...then what? BTC will cohabit with fiat for years, how will you leverage that long transition is the question.
[902192]
I used put half of my paycheck in cold storage. And pay bills and expenses with fiat with the remainder each month. Now I put half in cold storage and the other half in a strike account and pay bills and spend from there. Savings and checking, same as I always did.