Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
Royero
on 24/08/2018, 03:31:27 UTC
https://dailyhodl.com/2018/08/21/bitcoin-ethereum-litecoin-stellar-and-verge-coming-to-1000-stores-in-colombia/

I think quite a few people do use it to buy things, verge has a very large list of online stores which accept it, though most of those stores sell mostly particular products, the same goes for other currencies also, crypto as payment method is not widely adopted and we just don't have the same purchase options as we do with fiat. That can change very quickly when there is a payment option in physical stores.

People should hold, but they should also use verge as a currency, doing both these things will support the currency and keep its value up. But how do you hold and spend at the time? Well you do the same as you do with fiat, you have a savings account which you don't touch and you have separate spending account, so just divide up what your'e willing to save and what your willing to spend. If you don't ever want to touch your savings but support verge as a currency then when ever you want to buy something make the effort to convert fiat to verge and use that to make a purchase.

Bitcoin will be always the king and  just a few altcoins will survive, the utility and distribution are key to make coins stronger for the future. Verge working to get new vendors all the time are one of the best things this community have.

If you are a Verge supporter that's a real good idea, having two accounts, one to Hodl $XVG and another one to make payments.

Bitcoin and the altcoins that will survive needs alot from Hodlers, hashrate distribution, full nodes, the more distribution the coin have less manipulation.