MoneyIsntNecessary on Nostr: true, I was confusing! what I mean is: we don't need BTC as a payment system yet. ...
true, I was confusing!
what I mean is: we don't need BTC as a payment system yet. value storage is much more important. my goal is to make 1 BTC transaction a year: my yearly budget. for example: take out 10k of Bitcoin on Jan 1, use it for the year's spending. either on lightning or in cash. high btc fee problem solved. also, high btc fees are good! it means we're giving incentive for miners to compete/increase hash rate.
what I mean is: we don't need BTC as a payment system yet. value storage is much more important. my goal is to make 1 BTC transaction a year: my yearly budget. for example: take out 10k of Bitcoin on Jan 1, use it for the year's spending. either on lightning or in cash. high btc fee problem solved. also, high btc fees are good! it means we're giving incentive for miners to compete/increase hash rate.