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.
If you mean crypto and not Bitcoin, then I would say that for me, cryptocurrencies are both, a store of value and a real alternative to currecy. For example, Bitcoin is mostly a store of value for me rather than currency but it also depends on Bitcoin transaction fees. When fees are low, it's good to spend Bitcoin but overall, it's not the best choice for making a payment because transaction fees are sometimes high, unbearable and when you collect lots of UTXOs, then transaction is really becoming expensive compared to other payment methods.
For payments, I prefer cryptocurrencies like Litecoin. It's very fast and cheap but there are also other much better options as well, litecoin is just my personal preference.