Quote from: cozytrade on Today at 01:08:29 AM

Quote from: jokers10 on Today at 12:48:55 AM

Quote from: Picaflor on Today at 12:41:43 AM

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When spending, you're circumventing fiat. You're participating in a circular, Bitcoin economy. KYC-free and without taxation if you so choose. That's a big difference.

Yes, you are right, it is an optimal way of spending and if we had an option to do so in everyday life I'd prefer to use bitcoin and may be some other cryptos mostly every time I buy smth. But main problem that at the moment I can spend bitcoins directly rather rare... so there is usually a choice between not spending at all or exchanging to fiat and spending. As bitcoin is still money you just spend it when you need as you can at the moment, right?

I think Bitcoin is very necessary for us now. Because the price of bitcoin is increasing a lot. We will see that those who can hold bitcoin will make a lot of money from this bitcoin after a few days. In that case, what we have to do is to try to hold bitcoin. And if we spend bitcoin now, then for us. I think it is a great loss.

Bitcoin should not be valued based on its only the price. It is very important to acquire enough knowledge about Bitcoin. Especially when a Bitcoin holder is able to fully understand how it is benefiting people in real life and its contribution and potential in the long term, he will not want to give up Bitcoin easily. Moreover, after acquiring this knowledge, a Bitcoin holder can easily gain sufficient knowledge about his actions. However, those who sell their bitcoins after knowing the truth of bitcoin that they may be under financial pressure that forced to sell their bitcoins. Those who have a bad financial situation but are able to manage it in some other way will definitely be able to fulfill their dreams from Bitcoin.