Wealth, generational or otherwise, doesn’t eliminate bills; or more specifically the need to transact for stuff and things and experiences…
It makes it a non-issue to compensate for the value received.
But unless someone is 100% self-dependent for all aspects of their life (ie home steader perhaps even Amish) they will still need to transact with others.
Now…if someone were traditional Amish and 100% self-dependent, meaning they don’t need to pay for anything…they wouldn’t need #bitcoin either than…plus traditional Amish don’t use electricity so they definitely aren’t the target audience for #BTC.
Hence my original statement, “it depends”.
I applaud your absolutism, but societally speaking we aren’t “there yet”.
And agains, doesn’t mean I disagree with you. Simply that even the ultra wealthy buy products and services.
So unless they are 100% solar or some other renewable energy source…they still need some fiat “today” to transact.
But yes, in the ideal world, we would spend our Bitcoin not sell it.