Quote from: Reid on November 14, 2016, 08:10:11 AM

Quote from: Xester on November 14, 2016, 07:24:40 AM

Quote from: jacee on April 11, 2016, 09:43:05 AM

Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.

Many netizens have heard of bitcoin, the digital currency. This means it exists electronically. To be more precise, bitcoin is a type of cryptocurrency the implication of security and encryption is important.Bitcoin can be used for spending, similar to money. Some people also keep them for investment purposes, while others prefer to use them as a method to make international money transfer. and i even use bitcoins by paying bills online to avoid heavy lines in bank by paying credit card and sometimes withdraw it in my debit card to buy some goods.

With all of that reasons I think it will all still fall with one decision. It is by your own choice to where you would fall with those choices. I prefer investing also while some use it as a currency. (that is the popular one)

In my own honest opinion, having little to none options for me on spending my Bitcoin is in favor for us people who save and hold Bitcoin rather than choose it as a main currency in which to spend. Right now it is about 700$ which is nowhere near the 1000$ mark in which I intend to convert my Bitcoin to Fiat. If I were you I would rather spend my Fiat money first then try to spend my Bitcoin first because it has the potential to grow more.