DCP on Nostr: Do I really care about the fiat price of bitcoin? I am not a trader. I do not ...
Do I really care about the fiat price of bitcoin? I am not a trader. I do not speculate; but the market nonetheless matters to me, and its day by day state makes a difference to me; Why?
In my mind, AND in reality, I have lived on a bitcoin standard for more than a full cycle now. I've seen bull and bear, boom and bust, and (much to my wife's chagrin) I have diamond hands.
As someone retired on bitcoin, what All Time Highs mean to me is simply and only my ability to live further into the future. 1BTC = 1BTC, but my yardstick for measuring bitcoin (as someone who relys on it IN THE PRESENT TIME) is its purchasing power in real world goods and services.
And so, I try to defer and delay USING it, and whenever and to the degree possible, I try to put it into the hands of people I care about.
This article might better explain my current circumstance:
https://peakd.com/bitcoin/@creatr/why-i-sell-my-bitcoin
In my mind, AND in reality, I have lived on a bitcoin standard for more than a full cycle now. I've seen bull and bear, boom and bust, and (much to my wife's chagrin) I have diamond hands.
As someone retired on bitcoin, what All Time Highs mean to me is simply and only my ability to live further into the future. 1BTC = 1BTC, but my yardstick for measuring bitcoin (as someone who relys on it IN THE PRESENT TIME) is its purchasing power in real world goods and services.
And so, I try to defer and delay USING it, and whenever and to the degree possible, I try to put it into the hands of people I care about.
This article might better explain my current circumstance:
https://peakd.com/bitcoin/@creatr/why-i-sell-my-bitcoin