You might think holding 0 dollars is crazy or impossible. In this series, I attempt to make a case for why it's simply rational.
"Spend fiat, stack sats" becomes "Stack sats, spend sats" (via any payment rail). The friction of spending sats is gone: a huge step to furthering circular economies.
When you upgrade your money, spending bitcoin goes from being ideological to logical.
You can own other stuff-cars, property, guns, equity-just not toilet paper money (dollars).
Dollars are just a shitty, legacy payment rail to move bitcoin. You don't need to hold any.
Cash App is just so incredible as a #GetOnZero tool 😍
Had to pay someone with Venmo yesterday, but I have no USD
1️⃣ Connected my Venmo to Cash App checking account
2️⃣ Deposited sats to CashApp via lightning
3️⃣ Converted sats to USD
4️⃣ Sent money with Venmo
Took 10 seconds 🤩🤩🤩
Big use case that makes me appreciate tx accelerators like Mempool:
Geographically distributed multisig transactions during fee spikes!
Imagine you go to your final location, a week later, and fees spike like crazy 😭
RBF/CPFP is not an option: going back to those n locations for re-applying signatures is infeasible
Accelerators fix this! Wdyt? Am I highly regarded? (don't answer this)