Post
Topic
Board Bitcoin Discussion
Re: Homeless use Bitcoin
by
JuniAiko
on 09/03/2018, 04:57:44 UTC
I just hope they manage to hold onto some, rather than immediately spending it all. Smiley

Poor people usually cannot afford to hodl anything.
They usually spend it on basic necessity, which is also good for the ecosystem of cryptos in general.
Probably he will have to convert to altcoins like Stellar (if he is in a developing/third-world country where it is widely adopted) to spend it though due to Bitcoin's transaction fees.