Quote from: Beerwizzard on March 02, 2019, 02:29:29 PM

Quote from: kryptqnick on March 02, 2019, 02:08:05 PM

Quote from: mich on March 02, 2019, 08:34:07 AM

Quote from: Wind_FURY on March 02, 2019, 08:27:33 AM

But I wouldn't use Bitcoin to pay for anything that fiat can pay with unless it's very necessary, if I were you. Bitcoin is a provably scarce resource, don't waste it. HODL. Cool

Agree with you here on all accounts.
Just because you are physically able to pay with BTC doesnt necessarily mean its the wisest idea.

Why not? Poeple keep holding bitcoin and trading other cryptos, making a fake impression that these are some pseudo-securities or commodities. Bitcoin IS money and it SHOULD be used to pay the bills and everything. Given the bearish market, it seems reasonable to save some BTC for later, just like sometimes people make fiat savings. But the rest of it should circulate, should be useful in the real life. I would gladly use my Bitcoin to pay the bills, for instance. Unfortunately, each time I have to sell my BTC for fiat and then use it. Bitcoin is the better money, so why not use it in accordance with its main purpose?

Unfortunately Bitcoin is not money. At least not yet.
It is still an asset and this is how it will remain until the volume that forms the BTC rates will come from those users that are paying bills with it and treating it as a currency and not an asset. Right now people are still trading it as an asset more than they use it as a currency.

Yes,i agree with you people use bitcoin only for trading or asset but never use it for currency. Bitcoin transaction fee is so high so i think donot need pay bill or other payment use bitcoin.Another way you can convert bitcoin to USD and then try to pay the utility bill or other payment otherwise it's not a good decision to use bitcoin for bills or payment.