Post
Topic
Board Economics
Re: How can Bitcoin play a role as the main currency of every country?
by
philipma1957
on 06/07/2025, 15:09:48 UTC
Spending btc is stupid  as fuck so far.

Buy and hodl works.

Buy and spend is doing the other person a favor.

I don’t deny the fact that bitcoin best purpose right now is to simply buy and hold but my defense is that been a bitcoin investor or say hodler  doesn’t stops one from using it as a means of payment. People out it out like using bitcoin as a currency is actually going to affect their holdings and certainly I don’t see that happening except you’re taking the bitcoin from your holdings and it is something I don’t advice any one to do.

You can have your bitcoin holings separately somewhere and then have other wallet for bitcoin that you can simply use for transactions, or easily you can simply just use the Fiat currency you want to use for the payment and purchase bitcoin with it and then use the bitcoin for your transaction, this is what I do if I see that the fiat currency transaction will be a big hassle for me most especially during cross boarder transactions where the transaction fees are mostly just too high. So once I see the platform accepting bitcoin or even another cryptocurrency I simply go through this route

Since 2012- 2017

i was all p2p with my btc

Since 2018- 2023

I was a mix of p2p and hodl

Since 2024

I AM NOW HODL AND NOTHING ELSE