Plebs: Bitcoin is money, damnit!
Also Plebs: Don't spend it! Just think about how much fiat it will be worth!
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Replies (3)
It's perfectly legitimate for bitcoiners to spend in fiat
Many bitcoiners are still earning fiat and stacking sats, and they don't expect to spend much bitcoin while they're still working and earning fiat.
Bitcoiners are supposed to understand game theory right, and so we can't complain when bitcoiners make the optimal spending choices for them 😀
Bitcoin existing doesn’t make Gresham’s law go away. The shitty currency gets spent and the good one gets saved. You can buy groceries with gold and silver in Texas but nobody does.
pretty much