Lol, I was paid in bitcoin and have paid for all kinds of stuff in bitcoin. That you don't is meaningless to me. People own Bitcoin because they know that fiat money is guaranteed to lose value. If you don't see the utility of having a money that can't be printed out of thin air, I congratulate you for being financially privileged.

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tossandthrow 3 days ago | parent [-]

There are some huge misunderstanding here:

You might have been paid in bit coins, but the value of these bitcoins has to be declared at the day of transfer so you can pay taxes in your local fiat currency.

Nobody are disputing that it is a really bad idea to hold cash above an emergency fund. Everyone is highly discouraging you from doing it. Buy ETFs, stocks, houses, cars, cyrpto whatever you need - just don't hold large amounts of cash.

All in all, it makes a very little difference what you are paid in - just that you have extra hoops to pay your taxes now that you are paid in bitcoins.

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toenail 3 days ago | parent [-]

I pay zero taxes on bitcoin, legally.

> Nobody are disputing that it is a really bad idea to hold cash above an emergency fund. Everyone is highly discouraging you from doing it.

So you know that modern money doesn't fulfill one of the central uses of money that was known since the antiquity: store of value. And you know that people have to waste time to learn about investments instead of working their jobs and enjoying their time off. But you still think fiat money is great?

	▲	tossandthrow 3 days ago \| parent [-]
		> I pay zero taxes on bitcoin, legally. This explains your excitement! Great that you can leach on other people. > But you still think fiat money is great? Seriously, where did you get that from? I never argued for fiat money. I just said that bitcoins is not a currency by the ordinary understanding of a currency.