[rawtxapp]

I mean, of course hodl, but not at the cost of dying of starvation or missing out on having your dream home, etc. Bitcoin subreddit is full of stories of people buying their first homes or cars, I've seen many people start their small businesses with their gains.

Life is short, you enjoy/spend what you have while you're here.

[NicoJuicy]

> Bitcoin subreddit is full of stories of people buying their first homes or cars, I've seen many people start their small businesses with their gains.

Sure. It's like the successful ipo's. While 1% succeeds and people want to have a startup, everyone forgets that 99% fails.

I earned the 2nd biggest amount of people i know personally and i can't buy a fancy car with it. On Reddit, you can see all people come together on a population of 10 billion, lol.

People that were interviewed for Bitcoin gains in the newspaper in 2020 had 20% of my gains in 2017. And it went life changing money either.

Seeing it on Reddit mostly means that you have found your "community".

[ethanbond]

But currency needs to move in order to be, you know, a currency. The lack of upward price movement of e.g. the US dollar means that there is no advantage to sitting on it. Invest it, spend it, or lose it.

Inversely, with BTC, you would want to spend as little as humanly possible. Make whatever philosophical arguments you want: this is not adding oil to the engine. This is adding sand.

[emptysongglass]

> Inversely, with BTC, you would want to spend as little as humanly possible.

Sign me up. Hyper-consumerism has laid waste to our planet, commoditized every human interaction, and polluted our minds with its drivel.

Behold Denmark and its glorious decision to punish its citizenry for saving any amount of money at all. Hope you weren't thinking of saving your pennies for a ticket out of the renter's racket, Denmark would prefer you stuff it in stocks and pay them their cut.

It's time we seized control of the engine and refashioned it into a tool that serves our welfare.

[NicoJuicy]

I don't think you know how economics works.

If no one would spend money, the related countries would go bust within a year.

[emptysongglass]

I never argued for not spending money. Please revisit my comments.

[perl4ever]

>Hyper-consumerism has laid waste to our planet

If you don't want to consume, then you can just...not consume.

Why buy bitcoin in order to not sell it, ever?

[emptysongglass]

But you would sell it to pay for things you actually need, like food and warmth. It's a built-in mechanism for regulating appetites for useless crap.