Are you paying a fixed bitcoin amount or a CHF amount converted to the bitcoin equivalent every month?
Sorry I didnât realise that saving was use case. If you put money in anything it becomes a âsavingâ. Why would you call it a use case?
But okay. Guess it is.
Thanks
The second case on a fixed day in the month.
Back in the day, you could pay with Bitcoin on Galaxus, but those times are gone. And once, in Zurich, I even bought a beer with Bitcoin. And there were those credit cards from Singapore or Canada that let you pay in fiat currency but had to be topped up with Bitcoin. With each payment, Bitcoin was immediately converted into fiat at the current exchange rate. Iâm sure all of that still exists, but in the mainstream, or at least in my bubble, nobody talks about it anymore.
Probably just not that exciting anymore? And somehow there is no reason for this, as the salary is already paid in CHF. In my view, the only use case for the mass, at least in Europe, is Bitcoin as an investment. No idea whether this is good or bad⊠but investment is also a use case.
And as long as there are buyers, it works.
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Iâve been working on a hobby project to experiment with Vibe coding and have started building a website called https://fairvalue.cc. The aim is to create a free version of the Giovanni Santostasi power law graph, as described in his Reddit post, similar to his Adaptive Power Law Indicator.
Please note that the project is still a work in progressâthe math model can still be improved.
Iâd really appreciate any feedback, suggestions, or ideas for improvement!
If this post doesnât fit the thread, feel free to move or delete it as needed.
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What I imagined, but then not something really interesting for me. I get my salary in CHF, pay rent in CHF, no real use of converting to BTC for the few days where the money is on my account.
To me, it feels like using bitcoin as a payment network, but still CHF as a currency.
I guess itâs a two step process rather than one step process
Normal scenario
Earn in CHF - pay rent in CHF
BTC scenario
Earn in CHF - buy BTC - pay rent in BTC - landlord converts into CHF
Most likely the second scenario assumes that keeping liquid money in BTC (for tenant) increases the overall purchasing power due to appreciation and hence these transactional costs are worth it.
If you want to play with exchange rates (because you have a feeling btc will go up compared to chf), there are better instruments with less transactions than changing how you pay rent (like borrowing CHF to buy BTC).
I understand. I donât use BTC to pay rent 
I was just trying to think about what could be the rationale
Lol. Still the same discussions. I leave it with Satoshi (July 2010):
âIf you donât believe me or donât get it, I donât have time to try to convince you, sorry.â
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Wished Satoshi followers heeded to his advise. Millions of YouTube channels trying to âconvinceâ everyone everyday
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A lot of us posted we were adding sub 80K back in Late Feb⊠no need to toot a horn⊠you buy it at whatever price you like â there is no real need to wait for a -10% drawdown⊠because it might be a -50% drawdown or it might be up +30% from here. nobody knows.
Nobody knows. But what I know for sure is that buying randomly beats buying only at ATH.
But I see that I likely missed those posts in February, glad you took over the noble duty back then! 
Me in my tiny group of investment degens 
I think Switzerland should leverage learnings from India where home grown UPI completely dominates the digital payments market (71% volume share) & Rupay card (using UPI network) is rapidly growing market share vs Visa & Mastercard
Without competition, Visa & Mastercard would continue to abuse the dominance
I just finished reading some of the comments from the old thread from November 2022 (~16k BTC), men what a journey it has been since then 
.
My takeaway: We get Bitcoin at the price we deserve.
Now weâre up 600%, donât be too greedy, I donât know if the top (if there is one) is now, 150k, 200k, etc, but I know those who didnât take profit in 2021 had big regrets afterwards. If you believe in the future of Bitcoin (like we did in november 2022), you take profit to buy MORE Bitcoin later.
For those who still donât understand it : Dollars, Euro, CHF etc = Supply infinite. Bitcoin = supply limited.
End of debate.
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Sure! Which is why we donât hold fiat currencies as an investment but as a short term mean of exchange. 
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The crux of the message seems to be that people should buy anything that is finite.
No one actually buys fiat currency. Fiat currency is just a medium of paying someone. Eventually fiat gets invested in something else
Maybe you wanted to say that rather than keeping cash, one should buy a finite asset like BTC or Gold or whatever is finite. This might make sense as long as there is enough demand for something which is finite, itâs better than cash.
For argument sake, letâs say BTC is Digital form of gold. Gold has underperformed equities in most long term time periods. So letâs say it would also be the case for BTC vs Equities . Then shouldnât one buy equities instead of BTC?
âââ
Some other finite things to buy -:
Firstly -: Land is surely finite and might actually deplete because of erosion over time. This has been true since creation of planet. It would only lose its utility when population will start falling down.
A 2021 study argues that the main metal that risks being totally depleted in 100 years is copper. Six other resources are likely to be exhausted between 100 and 200 years: antimony, gold, boron, silver, bismuth, and molybdenum, while nine resources have an exhaustion period of between 200 and 1000 years: indium, chromium, zinc, nickel, tungsten, tin, rhenium, selenium, and cadmium.
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