Hey guys,
In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
BTC uses for payment is compared with USD value in general. so if BTC value rise over USD, the price of the shirt will be lesser BTC.
but for the future, i think BTC value won't be compared to USD value anymore if everyone use bitcoin in daily.