Hopeful_Sat on Nostr: Harsh, but it is the reality, yes. At least when you try to live on a btc standard ...

Harsh, but it is the reality, yes. At least when you try to live on a btc standard now you will get taxed on the increase in value, but at least, I think, in the long, you will miss out on most of the devaluation that you would experience without it (the tax on the increase in value being the effective devaluation that you would experience). But I agree with what you are saying

As a working, still fiat mining pleb, I try to accumulate as much as possible and hold it as long as possible to at least miss part, but not all, of the usual devaluation

Europe does seem like it's heading in the wrong direction, but at least the euro only loses a third or so of the value that, for example, the zar is losing 😅