Post
Topic
Board Bitcoin Discussion
Re: Are You Spending Bitcoin?
by
Outhue
on 20/12/2024, 15:22:41 UTC
I just read this:
http://www.finance-guy.net/finblog/how-will-you-spend-your-bitcoin/10/8/2014

It raises an interesting point that if we spend Bitcoin to buy stuff, the companies will most likely sell the BTC pretty quickly.

What do you think?

Will shopping with Bitcoin be good or bad for the price of BTC?

I always plan to spend some but I never do. Sad
I guess it become even harder every month to spend Bitcoin because of its value, I hail those spending Bitcoin to buy things online, even if I have 10 BTC i would prefer to just hold it.

I treat Bitcoin the same way I would treat Gold, if I have to spend Bitcoin online to purchase anything I would ask for USDT as payment instead, if a online store requires for Bitcoin then every other crypto coins are possible as means of payment.

I always feel somehow when I use Bitcoin to settle some payment online, but it feels good using USDT because it is equivalent to cash or fiat, it is stable coin after all.