Post
Topic
Board Economics
Re: Spending Bitcoins
by
BeGoods
on 28/11/2017, 08:13:27 UTC
Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.
As well as in our country bitcoin is not yet know by everyone. I think it will need a lot of time before we can use bitcoin without converting it into fiat. There's still a long process for us to be able spending btc by itself. I do also use it for buying my mobile load and online payments. Bitcoin will still have run a long way, before it will be adopted by everyone and local businesses.
bitcoin users are still spelled out a bit in different countries but the number of users continues to grow you do not have to worry about it. but the problem is the more users the bitcoin price will be higher right ? and the fee will also be higher. from that I doubt there are many users who will use bitcoin to spending looking at very expensive fees