I’ve been working on an idea for a platform — basically an Amazon-style marketplace where you can buy anything using crypto. Not just NFTs, but actual everyday products.
While building it, I ran into a fundamental question:
💬 Are people even interested in spending their crypto?
I spend crypto every time the opportunity presents itself. Many years ago when this site and Bitcoin was a baby, a project called bitcoinstore dot com launched that sold computers and computer parts. I built my pc that year paying in Bitcoin.
Nowadays, I mostly buy gift cards with Bitcoin, which is then used for things in daily life.
When I tip Internet “content creators” I use XMRchat almost exclusively.
And I buy my ASICS and any mining gear with Bitcoin.
But to answer your question, I do spend my crypto and I also treat it like a long term asset. I have a wallet that I don’t spend from and a wallet that I do.