Understanding scarcity

I trade fiat for bitcoin every day.

I trade more fiat if I want to buy something I need with my bitcoin, something I do regularly.

Once a week, I move what I haven't spent to cold storage.

I do this if the fiat price $50/BTC or if the fiat price is $500,000/BTC. My goal is simple: less fiat, more bitcoin. I don't care if bitcoin goes to $1M. I don't care if bitcoin goes to $10.

The end point of this strategy with a truly scarce asset is that over time, bitcoin is moving out of the hands of people looking to make more fiat and into the hands of people like me. Slowly, everyday, bit by bit... There is less available for the rest of you.

I have no guilt about this, and will continue to do this as long as I live.

Bitcoin is superior money in every way and if you're looking to sell your bitcoin for more fiat (or other "investment") someday, I'm sorry, but you're a fool. You won't be getting any of the ones you sold to people like me back for a cheaper price, ever.