Post
Topic
Board Economics
Re: Spending Bitcoins
by
virusasog
on 05/03/2017, 17:39:14 UTC
Holding is looking like a safer option for good futures but for that scenario to happen faster bitcoin also needs to be used as a daily currency for people to take notice and want to buy some.
Greater demand placed on a currency in some countries would just have them printing more but that is not possible with bitcoin so the value of the coins already in circulation gains in value and we all get richer in code.
In the bitcoin community there are two types of people, the ones who saves the bitcoin for a long time and don’t spend it because they believe that they could become rich in 10 years, others who uses bitcoin as a type of quick investment and spend it as soon as the price goes up so there is no worries about spending bitcoin.


No need to worry about spending bitcoins, but we need to place to spend the bitcoin in various places. For all that we need of huge adoption for bitcoin and many businesses should accept bitcoin as a payment. Some sites accepting bitcoins as a payment, purse.io, bitrefill.com, cheapair.com.
You can make a payment these online sites. I expect some big retails giants should accepts bitcoin in their purchases.