kreyszig on Nostr: Unless you are paid in sats to me it seems less efficient to be 100% on a Bitcoin ...
Unless you are paid in sats to me it seems less efficient to be 100% on a Bitcoin standard, and due to capital gains implications & FX spread considerations it makes more sense to pay for monthly expenses with dirty fiat. If you are willing to take the spread and cap gain hit, then yeah being on a Bitcoin standard must be awesome for the circular economy.
Published at
2024-09-25 02:34:28Event JSON
{
"id": "bd429107e860e04fad147b6eb8615c73c96f4538cfdc538c5041e794dcbbd5aa",
"pubkey": "00cb4f91e25fc4a6c1ff92a6e3eeae8335de7c4f221509920d6a705797d98578",
"created_at": 1727231668,
"kind": 1,
"tags": [
[
"e",
"59886576ff80fab9491fa65f5eab33b9dd5cdcca00408d11e60182f61dd403d0",
"",
"root"
],
[
"p",
"b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc"
],
[
"p",
"cc97551f4c883c9d2f027d95f76eb50448865b5f174ad0c46368fad7c7a3c8f1"
]
],
"content": "Unless you are paid in sats to me it seems less efficient to be 100% on a Bitcoin standard, and due to capital gains implications \u0026 FX spread considerations it makes more sense to pay for monthly expenses with dirty fiat. If you are willing to take the spread and cap gain hit, then yeah being on a Bitcoin standard must be awesome for the circular economy.",
"sig": "7c222946f2966ce50208fa455dbbd67f7a60006dea25c3282fe09c3f8f6767f975f15338bca5dddacea5246a4cc7259726e07d6679f040c2d883df77c56641a1"
}