Post
Topic
Board Bitcoin Discussion
Re: Spending Bitcoin These Days
by
marketprice
on 19/09/2017, 17:49:24 UTC
I see more and more merchants accepting Bitcoin but I feel many are missing the point. I, along with the vast majority of you, hate spending my Bitcoin. The only reason I would spend Bitcoin is if I can get a 20%+ discount on an item or service that I would be purchasing anyway. This also assumes I can immediately purchase more BTC to cover what I spent. I have done this before for purchases on Purse, then buying the BTC right back on Coinbase. The headache alone is hardly worth it. So merchants! It's great that you accept BTC but give us a compelling reason to spend it at your establishment, otherwise we really don't care.

Reason? Didn't you know that it's a good exposure for bitcoin once merchants accepted it especially if that is big merchant eventhough their goal is not means to exposed it. One reason they accepted bitcoin is because of demands and request.

Also why don't spend bitcoin? It's money and that is their money so whatever they like to do, then just allow it. Also merchants are not obliged to gives us a compelling reason like you are saying because in the end, we are the one who will decide if we will used bitcoin payment. And another one, there are times that people doesn't have fiat so bitcoin is the only option. There are lots of things to be concerned of rather than this.

Its more of a gimmick, if you want my business I need more than that. Bitcoin is not going anywhere, businesses can accept it all they want, it won't matter. Most intelligent people will not part with their BTC without buying more, I need real compelling to do this. The merchants get more benefit than the Bitcoin spender.