Post
Topic
Board Economics
Re: Are you ready to spend crypto when market is down
by
JavasetvenQ
on 06/01/2023, 02:07:05 UTC
Hello Everyone,

I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token.  Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?

If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?


I fully accept payment in digital currency only. Of course it's a face-to-face transaction. As a peer-to-peer payment method, Bitcoin solves some trust crises, but it is a payment method after all. This problem is like international trade, which requires an intermediary bank to guarantee. In the blockchain world, there seems to be no third-party guarantee. If the decentralized exchange has this function in the future, it will be a very perfect and worth looking forward to.