Post
Topic
Board Bitcoin Discussion
Re: Bitcoin; a tool for spending or saving.
by
Danica22
on 06/09/2025, 14:59:32 UTC
Bitcoin is both a spending tool and a savings tool. However, without being biased, I use bitcoin more as a long-term savings plan. I spend fiat more than I spend bitcoin. There are lots of bitcoin enthusiasts like me who see and use bitcoin the way I do. The thing is, lots of bitcoiners have limited the use case of bitcoin to just investments purposes only. There is more to this than just investments and/or trading which we have all upheld than what it was originally intended for.



When asked, people will definitely say that bitcoin is both a spending tool and a long-term saving tool. But in reality, I believe anyone who owns bitcoin has the same purpose as you, which is to use it as a long-term savings plan instead of spending, including me.

Indeed, we, the bitcoin users, are limiting the scope of bitcoin usage and we only use it as an investment. We never intended to use it for its original purpose.

The truth is that Bitcoin was designed to be a currency but today it is only used as an investment. No one wants to use it for its original purpose.