Spend your Bitcoin and why I'm spending mine

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 mylesdhillon@gmail.com

Published on 9 hours ago

Podcast Episode Details

Spend your Bitcoin and why I'm spending mine