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@ S!ayer
2025-02-06 12:39:40
bitcoin increased 1Yr something like +122.31% - so yes, putting your fiat into sats makes more economical sense than spending it. Buy and Hold is the new motto. What's it, stack sats? hodl?
no one is willing to spend, especially when you can potentially double your money in a year. However, you need to eat. Spending fiat in present value terms on groceries is nothing vs losing out on sat value.
$10 on food vs $10 on satoshis is way different.
I get that's what the Bitcoin White Paper set out to achieve, a p2p electronic cash without the need for trusted third parties, but here we are today.