Post
Topic
Board Bitcoin Discussion
Re: Bitcoin could be used to pay for Bills,load and for travel in the Philippines
by
NavI_027
on 08/04/2019, 00:08:18 UTC
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



Honestly, I get your point and I understand you somehow. It is a wise move to be practical with btc — reserving it until the right time comes (Hmm, a bull run for example) in order to make the most of it. However, hodling has a disadvantage in the long run because you don't notice that as day passed you become greedier than before. Small price increase don't bother you anymore because you always think of a of a bigger fish to come. When that big opportunity come, there are tendencies that you still want to achieve higher. Well, I don't say that not having contentment is a bad thing but too much of it is not worthy anymore, it will only eat you.

Besides, spending btc or money in general is not a waste at all because you could get goods/services in return. That was fair enough I guess Cheesy.