Bitcoin is far too valuable to be spent at this stage, I'd rather continue to pay my bills with fiat and stack in silence. #bitcoin
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Replies (6)
Gotta live the life you want others to live I guess?
this doesn't make sense to me tho. every dollar you own are sats you refused to buy.
bitcoin is far too valuable to own USD. with USD you're just subjecting yourself to asset price inflation, specifically bitcoin price inflation. why own any fiat at all?
To make non taxable transactions would be the only reason
How is this possible right now without jumping through hoops to pay for groceries. I mean I can even transfer money to strike to buy sats because you have on on ramp with plaid and the integration is broken.
IRS wonβt accept it as a quarterly payment
If any extra fiat goes into sats, you're not spending bitcoin that would have gone into savings (except perhaps anything you might lose in the exchange), and in the meantime your money is appreciating.
Right? what am I missing?