When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ?
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
People are likely going to keep hoarding their Bitcoins. There is this general believe that the value will always go up which is also very true. You cannot blame them. Everyone wants profits.