Spending Bitcoin at the Feast – Why Some Do and Why It Matters
There’s a saying in the Bitcoin world—one that makes perfect sense when you understand what Bitcoin actually is. Bitcoin, unlike the pound or dollar, is fixed in supply. No one’s printing more of it. Meanwhile, our traditional currencies are being conjured up out of thin air every time a government wants to spend more than it has. So, in the long run (and perhaps not so long now), Bitcoin should rise in value against these inflating currencies.
So, if you believe this, why on earth would anyone spend their precious Bitcoin? Why would you part with something so scarce and potentially valuable just to eat dinner?
Well, some people do. And they do it here, at my Feast.
Let me explain why.
There’s a concept in the Bitcoin community called “Spend and Replace.” It’s not about throwing your satoshis around recklessly. It’s about participating in the circular Bitcoin economy. You spend your Bitcoin to support a business you believe in (thank you very much), and then—you replace what you spent. If you pay £120 worth of Bitcoin for dinner, you go back to your exchange and buy £120 worth of Bitcoin to top up your stack. You’ve still got the same amount of Bitcoin, but now it’s moved. It’s been used. It’s circulated. And that’s how we grow adoption.
It’s not just symbolic—it’s powerful.
You’ve helped me, a small business, move away from the leaky bucket that is fiat currency. I get to keep and save in Bitcoin, which I value highly. And I get to feed you something delicious in the process. You win. I win. And maybe, just maybe, the system gets a little bit better.
There’s another layer to this, too. When someone pays me in Bitcoin, I know they’ve had to work for it. Whether they mined it, earned it, or bought it with their hard-earned cash, they’ve chosen to use it here. That trust, that gesture—it means a lot. It genuinely makes me want to cook even better food, create better feasts, and draw more people into this idea of value-for-value exchange.
It’s not just about dinner. It’s about building something resilient, sustainable, and joyful.
So, yes—some people do spend their Bitcoin. And they’re not mad. They’re playing the long game.
See you at the next Feast, satoshis at the ready.
—Henry
https://www.henryherbert.co.uk/post/spending-bitcoin-at-the-feast-why-some-do-and-why-it-matters
