Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I too feel uncomfortable about spending an asset that has historically shown strong price growth. The concept of 'HODLing' Bitcoin as a long-term investment, using stablecoins for purchases can be a good alternative for those who are uncomfortable with the volatility of Bitcoin.
Stablecoins are designed to maintain a stable value, usually by being pegged to another asset such as the US dollar. This can make them a more predictable and reliable option for making purchases. Ultimately, whether to use Bitcoin or stablecoins for purchases is a personal decision that depends on your individual circumstances and risk tolerance.
I personally use USDT to spend and use BTC for hodling.
I tried memecoins. Sometimes they work but 90% are scams. My 50% investment goes into BTC 30% into other strong coins and 20% into new coins I do not touch presale.
I always use USDT for payments whenever I have to spend.