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Spend your Bitcoin and why I'm spending mine

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Manage episode 506185508 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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Bitcoin has risen over 859% in the last 5 years — from $11,000 to $113,000. Most people see that growth and think: “HODL forever.”

But Satoshi’s vision was never about locking Bitcoin away in a vault. The white paper was titled “A Peer-to-Peer Electronic Cash System” — designed for direct payments between people, free from banks and middlemen.

In this episode, I break down why spending Bitcoin is just as important as stacking it:

  • It completes the loop → Saving is step one, but spending turns Bitcoin into real money.
  • It proves independence → Every transaction shows we don’t need banks, Visa, or PayPal.
  • It separates money from government → Just like church, law, and language, money should exist outside state control.
  • It normalises adoption → Paying wages, tipping, or buying coffee in Bitcoin makes it natural.
  • It’s cheaper for merchants → Credit cards skim ~2% ($600 on $30k sales). Lightning fees? As low as $0.87 for the same volume. Even at the “expensive” end, merchants save 80–95%.

I share real stories from meetups, sending sats to my nephews, and giving Bitcoin to my kids — because this isn’t just theory. Spending Bitcoin is freedom in action.

If we never use Bitcoin, banks and governments win. Every Lightning transaction is a middle finger to the old system. Stack sats, yes. But spend them too. That’s how Bitcoin becomes money.

Get intouch with Myles at [email protected]

  continue reading

42 episodes

Artwork
iconShare
 
Manage episode 506185508 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

Bitcoin has risen over 859% in the last 5 years — from $11,000 to $113,000. Most people see that growth and think: “HODL forever.”

But Satoshi’s vision was never about locking Bitcoin away in a vault. The white paper was titled “A Peer-to-Peer Electronic Cash System” — designed for direct payments between people, free from banks and middlemen.

In this episode, I break down why spending Bitcoin is just as important as stacking it:

  • It completes the loop → Saving is step one, but spending turns Bitcoin into real money.
  • It proves independence → Every transaction shows we don’t need banks, Visa, or PayPal.
  • It separates money from government → Just like church, law, and language, money should exist outside state control.
  • It normalises adoption → Paying wages, tipping, or buying coffee in Bitcoin makes it natural.
  • It’s cheaper for merchants → Credit cards skim ~2% ($600 on $30k sales). Lightning fees? As low as $0.87 for the same volume. Even at the “expensive” end, merchants save 80–95%.

I share real stories from meetups, sending sats to my nephews, and giving Bitcoin to my kids — because this isn’t just theory. Spending Bitcoin is freedom in action.

If we never use Bitcoin, banks and governments win. Every Lightning transaction is a middle finger to the old system. Stack sats, yes. But spend them too. That’s how Bitcoin becomes money.

Get intouch with Myles at [email protected]

  continue reading

42 episodes

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