Post
Topic
Board Bitcoin Discussion
Re: If Bitcoin was legal tender in your country would you actually spend it
by
acroman08
on 26/06/2021, 15:08:24 UTC
Given that the majority of us believe that Bitcoin will increase in value over time, would u want to spend it rather than hodl and let it appreciate.
although I do want to hodl I also do want to buy something in bitcoin which what it's meant to be used. but I do refrain from using the bitcoin I hodl as much as possible, especially in this current dip.

Example: Let's say I purchased a car for 1 bitcoin today but next week the value of Bitcoin has doubled meaning I was probably better off using fiat.
just like I said to the other thread which is Identical to this(link below). yeah, you are better off using fiat rather than BTC. but then again, there are people using bitcoin as a currency but not as an investment. I completely understand the reason for hodling and wanting to hold your bitcoin as much as possible it is only good as long as you can afford to hodl it. if you start loaning or borrowing money I think it would be best to start using your BTC rather than just holding it.

If Bitcoin is legal tender in your country, would you really spend it instead of