I’m willing to spend btc iff I can easily convert my newly earned fiat into btc without taking a huge spread and transaction fee.

This is one of the missing piece I believe. I’m a hodler, only because it’s technically infeasible to maintain a steady btc stock if I were to spend them.

Say right now I’m making $2,000 monthly in USD, and upon receiving the fiat immediately I would convert the entire sum into sats (by taking a hit in spread and fee). From that point on I would simply spend with Lightning and save up the leftover. Rinse and repeat monthly. This way I can maintain my hodl amount or increase it slightly over time. The recurring transaction cost is a hurdle, it needs to be addressed through competition in market offerings.

Two things need to happen.

1. A proliferation of LN pos adoption, and;

2. An easy way to convert fiat into btc without incurring unreasonable fee and the kyc nonsense. Those bitcoin ATMs take huge spreads and it’s just discouraging.

1 is relatively easy to solve; any phone can be turned into a LN pos; it’s just software, as the hardware infra already exists.

2 is so so so much harder. Maybe Jack Dorsey should work on this since he’s going all out.