Post
Topic
Board Bitcoin Discussion
Re: Bitcoin; a tool for spending or saving.
by
Josefjix
on 03/09/2025, 22:00:00 UTC
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.
Then you gotta wait till the network congestion goes so low before trying again, the only possibility of using Bitcoin for spending are for those that are involved in cross border business, companies paying workers with Bitcoin.

Personally, I don't use Bitcoin for spending at all, it seems to me as a waste of precious investment, like why should I be spending my precious property that values over time.