Post
Topic
Board Bitcoin Discussion
Re: What do you want to but with BTC? Or for what to accept it as payment?
by
avikz
on 18/01/2021, 12:01:19 UTC
Here is an article on big retailers accepting BTC as payment: https://nowpayments.io/blog/what-retailers-accept-bitcoin
What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?

Well it's a pretty old discussion really! Bitcoin is meant to be a currency system as per its creator/creatots. However, due to the highly volatile price and great upward momentum, it has become an investment asset to many. While it is not something that we don't expect but its main use is a currency. It is something we can use to transact without the need of an intermediary.

Also, the slower confirmation time and high fees, have made bitcoin less attractive as a currency than an investment. But that's what the market dynamics are. We are happy as long people recognizes bitcoin.