We all know about BTC Holding and we all encourage it, and on the other hand we are also happy when we see someone buying a car with BTC. My point is, if we hold btc all the time, where is our profit if it is not used, and if it is just holding without using, how will its value increase? And why are we happy when we see someone buy something from btc? This issue has been circulating in my mind for a long time, what do you think about it?
That's obviously true. We users in the crypto space and I say this because, I am as guilty as a lot of others too on preaching holding of bitcoin rather than spending it just as fiat currency is been spent.
Talking about that, you can attest that bitcoin serves more than just a currency, its an asset too whose value increases and decreases with time but mostly, it is often on the upside. At least, for a time when it's yet to gain a global acceptance. Serving as an asset, you don't sell it off just anyhow. Assets aren't something you do away with at just any opportune point because, it had the chance of expressing its real value. You tend to pause if you can to get the most of it as time goes.
Meanwhile, we often tend to be happy with every actual exchange of bitcoin for other commodities (not bitcoin to fiat and then buying stuff with fiat) but, a direct exchange of bitcoin for commodities because, it proves that the merchants are actually recognising it for its currency value. That gives bitcoin some real chance.