For me, the biggest problem with #Bitcoin as money was not its volatility, but the concept that money had to be “bad” (according to Gresham’s Law) in order to be easily spent in exchange for goods and services. However, after a long time, I realized that my perception was wrong. Using #Bitcoin exclusively as money means completely improving my economic environment, as it forces me to reflect on the quality and necessity of the goods and services I am willing to pay for. This is because the money (Bitcoin) I give in exchange has great value, both in the present and potentially in the future.
The short and sweet is, more exposure to bitcoin makes sense to me in an up market. Time in bitcoin beats timing bitcoin.
If you dont use bitcoin as a currency and accept it as property you have failed. Property gets taxed and currency gets used as a medium of exchange. This whole experiment fails if we don't transact in bitcoin.
