I’m dumb but I am having a hard time understanding what you are getting at with this one. Are you suggesting that we should be spending bitcoin for some reason? You laid the groundwork for making a point, but I missed it lol are you saying we should try to spend bitcoin as often as possible and replace it by buying more and then holding only bitcoin and as little fiat out as possible?
The main point is that spending itself creates opportunity cost regardless of whether you spend bitcoin or fiat.
Any expense is value that could have been saved. Even if you're spending $100 in fiat on something, that hundred could have been used to buy more bitcoin and get you closer to FIRE - hence the opportunity cost.
I’m dumb but I am having a hard time understanding what you are getting at with this one. Are you suggesting that we should be spending bitcoin for some reason? You laid the groundwork for making a point, but I missed it lol are you saying we should try to spend bitcoin as often as possible and replace it by buying more and then holding only bitcoin and as little fiat out as possible?
The main point is that spending itself creates opportunity cost regardless of whether you spend bitcoin or fiat.
Any expense is value that could have been saved. Even if you're spending $100 in fiat on something, that hundred could have been used to buy more bitcoin and get you closer to FIRE - hence the opportunity cost.
Sorry that wasn't clear in the post!
OK, thanks for the clarification! Looking forward to the next post.