"People use bitcoin as a speculative asset. It's like gold, it's just like gold โ only it's digital. People are not using it as a form of payment or a store of value," -Powell
I'm not? ๐ค
"People use bitcoin as a speculative asset. It's like gold, it's just like gold โ only it's digital. People are not using it as a form of payment or a store of value," -Powell
I'm not? ๐ค
While some of us are making an effort to support the Bitcoin ecosystem and Bitcoin merchants, it's true that its use as a currency hasn't really caught on with the masses yet. However, I believe that will change once all coins have been mined, and the focus shifts from speculative asset to pragmatic currency. I think we have to take a long view and ignore the naysayers who are incapable of seeing beyond the tip of their nose. โ #Bitcoin
I earn bitcoin and spend it. It's going to replace probably all my money someday (I still have fiat debt to pay off).
I'm not number go up/buy the dip/etc. I literally take BTC as a payment and spend out my wallet once it reaches $100 (I buy gift cards and use them to invest back into operations, as well as food, and bills).