I'm new to the Bitcoin / Cryptocurrency world, and the economics are pretty interesting.. My question is more of a large-scale economics question.
Would using Bitcoins, to purchase goods (not on this forum) or services, increase its perceived value due to wider exposure or level-out/decrease its perceived value by establishing an accepted value of it?
I hope that was clear enough. Just looking for ideas and thoughts.
I think Bitcoin having usage will definitely increase in value. By spending it to some online store supports its community by enabling merchant to have client and profit from it. From this point of view, if merchants are profitable using Bitcoin as mode of payment, more and more merchant will definitely flock in and the real life usage of Bitcoin will be strengthen thus community will grow and new comers will flock in.