Quote from: Kennoichi on September 02, 2025, 04:01:42 PM

Quote from: CTO114 on September 02, 2025, 02:20:15 PM

Bitcoin's acceptance amongst individuals and households is spending like wild fire, because of the various advantages it poses. Now comes the question; would you rather adopt Bitcoin as a tool for spending or saving? Yes, I'm guessing you'll say you use it for both. If your usage is going to be weighed, which side would unbalance the scale? As a tool for spending, it is flexible enough to be carried irrespective of volume and large purchases can be made, just to mention a few. As a tool for saving and a store of value. The value of the saved asset has great potential to appreciate. Which would you rather do?

By saving, you mean investing, right?

And if that's what you mean, then I prefer to keep it as an investment. For example, Satoshi himself seems to prefer not to sell his Bitcoin because he believes in its potential future value, which will increase in the future.

So do I. It's great as a payment method, but the transaction confirmation times and other issues still make me uncomfortable. Especially considering the highly fluctuating transaction fees. We might not mind if the network transaction fees are low, but when there's a spike in network transaction fees, it can really discourage us from making transactions during that time.

You are wrong, saving isn't investing, savings means you plan to use it later or not too distant in the future but investment is accepting that you will probably lose your money or make more in the future.

Savings is when you keep a fixed amount aside, meaning it should be in dollars or other stable coins, volatility is present in bitcoin that's why savings can feel wrong with Bitcoin.

It doesn't matter which purpose they serves the adopters, it's a matter of what investors intent to use Bitcoin for, Bitcoin can serve in both ways.