bitman on Nostr: Sure, but you’re overlooking the psychological impact of having no fiat and only ...

Sure, but you’re overlooking the psychological impact of having no fiat and only Bitcoin to spend. You instantly become more disciplined and conscious about every purchase. I managed to cut around 30% of my emotional buys and things like junk food in just the first month, simply because I didn’t want to waste precious sats on garbage. As a result, my stack grew much faster. Not just because I was buying more than my usual DCA (normally 15–20% of my monthly wage), but also because I became more mindful of how I spent the rest.
This also creates a second-order effect on the economy and adoption. It’s a slower process and requires broader action to truly matter, but spending Bitcoin increases merchant adoption, which adds monetary demand on top of the existing demand for savings (SoV). That increased monetary demand eventually boosts Bitcoin’s purchasing power, NgO. So spending Bitcoin actually has more benefits than tradeoffs, and it’s rational economic behavior, not just ideological purity.