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.
If the usage itself is the basis, using Bitcoin in a peer-to-peer transaction won't affect the price since you did not sold nor buy Bitcoins. However, if we are to talk about the impact for the awareness, it could contribute to Bitcoin's demand. If a merchant declares that he is accepting Bitcoin as payment, some people might get aware what Bitcoin is. From the contribution for the increase in demand, the price will follow.