Post
Topic
Board Economics
Re: Bitcoin as a Medium of Exchange
by
brushtooth
on 16/12/2017, 17:20:11 UTC
Many true Bitcoin enthusiasts actually prefer to use Bitcoin as a medium of exchange. They aren’t interested in investment or speculation or trying to sell at a profit.
Instead, they see Bitcoin as a way to engage in free association of trade without the need for governments to regulate the exchange. With Bitcoin, it’s possible to pay for goods and services instantly by transferring the digital money straight from your wallet to someone else’s digital wallet.

You are right that many true bitcoin enthusiasts do that but I don't think that there is too many of them about, most bitcoin owners now are just guys and girls who want to gain FIAT by holding their bitcoin.