Post
Topic
Board Bitcoin Discussion
Re: Are we really using crypto as a currency... or just holding it like digital gold
by
MainIbem
on 24/05/2025, 17:04:45 UTC
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?

Most of us say we believe in the future of decentralized money. But when it comes down to it, we treat Bitcoin, Ethereum, and other tokens like long-term investments — not as actual currencies for day-to-day spending.

So I wanted to ask the community directly:

👉 Do you personally see crypto more as:

A long-term store of value (something to hold)?

A real alternative currency (something to use)?

And if you don’t spend your crypto — what would it take to make you start?

I'm not here to shill a project. Genuinely just curious — this question has shaped how I approach the product I'm building.

Previously, I only held cryptocurrencies and did not spend them. If necessary, I transferred them to Fiat and occasionally to stablecoins. But today, as of 2025, there are plenty of services that are ready to directly accept cryptocurrencies even in countries where cryptocurrencies have an unregulated status.
For example, I paid for replenishing my friend's Steam wallet, giving him a gift. I paid for this in Bitcoin. I also understood the balance of the hosting service on which my sites operate through cryptocurrencies.

In general, today you can use cryptocurrencies in many places.

If Bitcoin was widely used for the transaction of good and services in my country, maybe I would tried buying some items with Bitcoin but currently many people see Bitcoin as  store of value like gold and they'll prefer holding on to it to yield better profits in the future, maybe in the near future traders of small and larger scale businesses would begin to use Cryptocurrency (Bitcoin) especially for transaction like they do with fiat but for now I'll rather hold on to it to for as long as possible. Anyways maybe if I travel to a place where Bitcoin is available as a payment option maybe I might thinking about buying some gifts for my siblings or parents with Bitcoin but until then, holding is the best option.