“#bitcoin won’t work as a money because people will just hoard it due to it always being worth more in the future”

This is a common sentance that I hear everytime I talk about #bitcoin

So why would people spend there #bitcoin!?????

Well in the future when #bitcoin is the only form of payment vendors will take for there goods and services instead of #fiat you will inevitably have to spend your #bitcoin on the goods and services you want/need!!

If a vendor still accepts #FIAT money then it would make sence to spend the shitter money first by transacting in #FIAT but ultimately one day in the future #FIAT will no longer be wanted by anyone in which at that point #bitcoin becomes the preferd median of exchange and possibly unit of account!!

The 4 stages of money…

#bitcoin

▪️1st collectable 2009-2015

▪️2nd store of value 2015-20??

▪️3rd median of exchange 20??-20??

▪️4th unit of account 2???-2???

Nothing is ever a dead certian and anything can happen but if #bitcoin stays decentralized and secure then #bitcoin will become the global money accepted everywhere by everyone….