Quote from: tanjiran on Today at 10:04:07 PM

Quote from: Robinson66 on August 03, 2021, 01:32:07 AM

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If conditions permit, I would be happy to use Bitcoin for daily payments, but some people have said that they will not sell their own Bitcoins and have been waiting for the price of Bitcoin to rise.
Do you think Bitcoin will be devalued in the future?

This is greatly influenced by the point of view of each person towards bitcoin. some prefer it as an investment tool, so it feels less effective if it is used as a payment method, after all there is fiat or e-money that has the same function. For those who have a different point of view, for example, those of you who like it as a means of payment, perhaps because they are interested in transparency and its function that is not limited by space and time. everything can be done, use wisely according to individual needs. want to be used as a trading commodity is also fine.
it all depends on individual needs. the important thing is to use it well, the popularity of bitcoin is increasing along with its increasing adoption

I would say that someone who uses Bitcoin for payments these days only uses it because that person absolutely has no choice. Might be the case if you want too avoid using Western Union or other transmitters that are even more expensive than Bitcoin itself, which is hard enough given the transaction fees right now. Most aren't using it, but just hoping for someone else to buy it at a higher price.
The more interesting observations took place when in countries with hyperinflation or suppression Bitcoin soared really hard, like in Venezuela. That showed that people are aware of it and if they absolutely have to they will shift their wealth into the digital currency if there is no option to get more stable fiat currencies like the USD.