Post
Topic
Board Bitcoin Discussion
Re: Bitcoin; a tool for spending or saving.
by
Mekie21
on 05/09/2025, 17:54:23 UTC
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?

As you've said Bitcoin is more preferable being saved rather than spending because of it's potentials, we've known so far, as the years go by, the price of Bitcoin keep rising, always exceeding the previous highs. Talking about a long term saving, at least minimum of 5-10 years then you can withdraw your profit so as to enjoy your investment.