Post
Topic
Board Economics
Re: Spending Bitcoins
by
Sled
on 16/09/2017, 10:14:18 UTC
For me spending Bitcoin is a terrible idea since Bitcoin historically increase its price one hundred percent yearly. Unless Bitcoin does not reach it full price I will not spend even 1 satoshi for my expenses. I understand that some people need extra cash for daily expenses but as much as possible save your Bitcoin as much as possible because this type of investment can be higher than gold.  Grin
Bitcoin is already higher than gold and it's already a huge difference between the price of gold and bitcoin. I don't think that spending bitcoin is a terrible idea because it is natural to see that there are people who are spending some of their bitcoin and even it is normal if we are going to spend it because bitcoin is a source of income and you need to cut some of your profit to enjoy your hard earned money with bitcoin.