I've recently meditated on this thought. We all want businesses to adopt bitcoin as a payment method and people to pay with it, but I think most people are rather avoiding to spend their BTC as they see it more as a store of value that will bring wealth to them over the next years. So they are more likely to keep their BTCs and spend the fiat currency, thus the use of BTC in day-to-day transactions won't probably go up until people actually get their wages in Bitcoin denomination. But in order for companies to enable that so it will be convenient for both the employee and the employer we need to have the infrastructure in place, including regulations and major stores in the cities accepting BTC.
What're your thoughts on this? Do people prefer to spend their BTC or do anything( maybe even taking a loan) to protect them?
We all wanted to hold our BTC so it will give us a good future but there were also times that there is an emergency that we also need to prioritize today than to think of our future. Once that emergency comes our future purposes will also lessen or maybe gone (depend on what we need on that moment) so if there is a chance for you to invest right now and never use it for years then that's a great idea, although at the same time we also wanted to have bitcoin for method of payment because we all know that it is very convenient at all but I think, FUTURE is way better important.