I'm not sure how people spend it now but between 2011 and 2016, I earned or paid bitcoin by hosting guests at my home, buying food, taking dance classes, flying about to Bitcoin conferences and to visit my children, acquiring furniture and supplies for the Tiny Home I built, buying domains, paying for web design, paying my book cover artist, selling copies of my series Cryptonautica. Now? Now I gotta buy dollars to do those things. "Price" is up while purpose is down.
Discussion
Strange, I find just the opposite. I am able to buy or pay for nearly everything I need that I don’t produce myself. The opportunities are only expanding imo.
I'm glad to hear that! Where are you living/hanging out? Obviously NH was an ideal place where bitcoin was grokked and launched. Once KYC became the norm, and adopters of cryptocurrency payment processing started getting visits by The FBI, I witnessed a drastic decline in use. Point me to the Promised Land!