Ah that is the spirit. For me is all building circular economies in my barrio. Long live @BTC Map ! Butcher and groceries, check.

Well, in the southern hemisphere, nothing on the shop store

Organic MOE use will only happen in my opinion whenever merchants start wanting Bitcoin more than they want fiat. We're otherwise placing the blame on consumers though, am I right? I don't think you can force the individual buyer to spend Bitcoin when spending fiat is so much easier, and we certainly cannot hope for Bitcoin to dramatically rise in use as a medium of exchange because a few bitcoiners here and there feel guilty for not spending it. For me the question is: what is to be done for more merchants to start wanting to accept Bitcoin, maybe even offering a discount for paying in sats? What are the blockers? Are they technical/psychological/legal/fiscal in nature? If these issues can be solved, then consumers will simply start paying in sats more and more, but they're not the drivers of this solution.

On all websites that offer Bitcoin and Monero as payment methods, Monero wins hands down. It's a problem with the Bitcoin mindset.

Bitcoin is digital gold. You don't pay with gold in a store, right? It's the same with BTC.

> Bitcoin as a store of value is worthless. No, this is propaganda from shitcoiners. Don't fall for the propaganda, read "The Bitcoin Standard" three times before bed, and you'll understand everything. Bitcoin is the best store of value that could ever have been invented.

😂😂😂😂😂 I don't think you live a Bitcoin life like I do.

I think it’s a great idea.

Digital gold can be divided in arbitrarily small amounts and transferred and verified cheaply, so I don't see how your point stands.

How do we know that there aren't factors leading to this outcome other than mindset, better privacy being the first one? Moreover, are you referring to NGU specifically?

And I am sure that I live much more freely, without "Bitcoin life", whatever that means.

I usually shop at aliexpress. They sell everything. If they ask for bitcoin , usually is a scam.

the main factor is that bitcoiners don't spend because "muh generational wealth" a fixed number of monetary units makes Bitcoin digital real estate. its baked into the incentives.

You send a market signal to those merchants that sell for Bitcoin/Monero. They will grow. Expand. Others will want to have a share of the pie. That's how you set positive incentives. The state does this all the time through compliance "incentives". Ideology is nithing when it comes to incentives ruling the market.

Ever used Tether's digital gold product? Me not either. I do use Monero though to protect my privacy. I do own gold and Bitcoin.

If they include Monero for payments they will easily take the market from xmrbazaar. Unfortunately one can notvtely on Bitcoiners to make smart economic decisions.

I haven't and I don't plan to since I prefer holding physical, I can see how tether gold might be interesting though,, but it's already captured: I think we all agree that if centralizing gold and issuing IOUs worked, we'd still be in a gold standard.

Assuming Bitcoin adoption keeps growing, this is the rational thing to do, whether we like it or not. At some point it will get very close to its total addressable market and it won't make sense not to spend it, but until then HODLING is the rational behavior. I don't think digital real estate is its ultimate fate, only up until it reaches a stable enough valuation in terms of other money substitutes or if we end up in a situation where the dollar dies in ways not many people are predicting. This doesn't seem necessarily like a bad thing to me, assuming things work out in the long term (and they might not, but that is another discussion entirely I believe, my post here simply wants to outline how HODLing is not some sort of final behavior for Bitcoin users - we could argue that Monero's tail emission is more suitable for money etc etc).

at the point it gets close to the total addressable market It makes more sense to develop an inflationary LX and spend that, rather than actually spend Bitcoin. you already see people making this argument (Bitcoin-backed loans etc) and developing the tech for this. It just recreates the same Fiat stupidity with different people on Bitcoin. but I don't know, life is complicated and I could be wrong.

I disagree with this; at least in our generation, Bitcoin is still inflationary. It's just that the HODL narrative, which is a psyop by the three-letter agencies, has taken hold.

the hard cap is obviously already priced in

Technically right, but is it still the least inflationary thing on planet earth right now, so I'm not sure how relevant that is with respect to NGU

everybody already thinks in terms of what % of 21M, not the current supply. given the HUGE amount of propaganda by Bitcoiners about "only 21M" "hardest money ever" etc its silly to think that doesn't effect the ground-level SoV vs MoE perspective of the user.