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
seemedseems to prefer not to sell his Bitcoin because he
believedbelieves in its
future potential
future value, which
wouldwill increase
its value rapidlyin 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
wereare low, but when there's a spike in network transaction fees, it can really discourage us from making transactions during that time.