Post
Topic
Board Bitcoin Discussion
Re: Bought my vitamins with Bitcoin
by
Spaffin
on 17/04/2021, 18:59:28 UTC
It's an interesting position that you can actually spend your BTC locally, I've never encountered this here to be honest. However, I wouldn't use them anymore, due to its high value, I'm sort of comparing it with a valuable asset like gold. Furthermore, I actually kind of regret spending Bitcoin as a form of payment in the past.
In my opinion, as long as I can make purchases using fiat, why should I use bitcoin which is actually much more profitable as a very valuable asset which in my opinion exceeds gold at this time.
and other reasons in the country where I live, bitcoin can only be used as an asset or investment and is not allowed or not available as an alternative payment method, except for conducting transactions in secret.
and I will only use bitcoin as a transaction if it is legal and available in shops and others in the country where I live.
and for now it will only benefit those who sell bitcoin using bitcoin and of course those who receive it will save it for resale when the price goes up.
actually at this stage I was also against the use of Bitcoin as a means of payment. Today Bitcoin is a good and valuable asset that will bring huge profits in the future. Based on this, Bitcoin needs to be stored until the time when its price rises and stabilizes, and when it can be used without loss as a reliable storage for their savings, as well as a means of payment.
But I believe that this moment will have to wait long enough, because some analysts predicted that the price of Bitcoin will reach a maximum and stabilize only when its capitalization increases by about 15 times.