We need to transition from buy bitcoin to buy and sell goods and services with bitcoin.
Thank you ! As people often say "I'm hodling whatever happens" on Nostr, so I wonder if Bitcoiners don't spend using Bitcoin, then how will more non-coiners get Bitcoin? Other than exchanges. I know about Bitcoin only from Nostr (and from Tadge & Neha's MIT open courseware on cryptography), so maybe I'm not seeing the full picture
Sats earned in the circular economy stay in the circular economy and help foster Number Go Up technology. Sats sold on the exchanges for fiat cause crashes. My theory is that the more sats are spent in the circular economy, the higher the fiat price will be until the exchanges have no more #bitcoin to sell. That's the path to hyperbitcoinization. Earn sats, spend sats, save sats, but never sell sats.