Morpheus's avatar
Morpheus 1 year ago
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

Replies (6)

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?
todmann67's avatar
todmann67 1 year ago
IRS won’t 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?
↑