Hi Blockchainlottery,
thanks for the reply.
It's great that more retailers are accepting bitcoin but surely for it to be successful bitcoiners need to be spending their coins, and who would risk spending 1K worth of bitcoin if it could be worth 10k in a year, not me. Tit seems a lot more appealling to sit on the sidelines and just hold it instead of risking spending it and then see it go up a lot in value
Yes, probably what I would do to. thanks for the reply.
It's great that more retailers are accepting bitcoin but surely for it to be successful bitcoiners need to be spending their coins, and who would risk spending 1K worth of bitcoin if it could be worth 10k in a year, not me. Tit seems a lot more appealling to sit on the sidelines and just hold it instead of risking spending it and then see it go up a lot in value
Hopefully not everybody will continue to do that, then something is going to break. Should be okay if part is going to be used for investing or saving, and part to pay bills.