Sometimes when I see people bringing up his kind of comments when ask about using bitcoin for payment I somehow get confused, does making payment actually affects anyone’s investment again? Can’t an investor ever have a good life again by getting things for themselves because they simply invest into bitcoin? For me it simply not even correlated that because you’re investing into bitcoin you can’t pay for goods with it.
Using bitcoin as payment options doesn’t only makes you a good advocator of bitcoin alone but you’re simply saving your self the hassle of using fiat most especially during online and cross boarder transactions. You don’t need to spend from your savings to actually use bitcoin as payment option, just swap your fiat to bitcoin and pay, this even support does that have it included as payment option and creates more advocacy for bitcoin
I am aware that some business owners in my country used Bitcoin for financial transactions when the Central Bank of my country placed a restriction on the amount that can be transferred from bank accounts. This policy was about strangulating their businesses since many of them had to import goods and needed to make payments. With Bitcoin, they were able to pay business partners outside the country.
As Bitcoin advocates, we could also encourage businesses that accept Bitcoin by buying with the coin. Another case is when you want to maintain privacy, you could also use Bitcoin for P2P transactions.
But it will be hard to convince people to use Bitcoin when there are other cheaper and more convenient options. Bitcoin as an asset will continue to thrive until the coin becomes less volatile. A more stable Bitcoin will make it less speculative and more acceptable as a currency.