Global Feed Post Login
Replying to Avatar mozharov

Why do you think bitcoin will only ever be a store of value? I see people using bitcoin for payment more and more now, especially thanks to lightning. I pay for some services in bitcoin and I see more of them every year, although still very few.

Moreover, I am a developer with a couple of products that I am starting to convert to bitcoin standard and accept payments in bitcoin. I do it because it is actually more convenient to accept and pay in bitcoin than in fiat, and secondly it allows me to accept payments globally. I can't use USD because of geo-restrictions.

And the best part: no commissions and full control over the money you earn.

So accepting payments in bitcoin for me is becoming not just something pleasant, it is becoming a necessity.

Avatar
TheBitcoinBattery 11mo ago

I didn't say it would ONLY be a store of value, just that it's primary use case will likely always be so. People will always store more energy in their savings than they're spending or receiving, and it's their trust in it's ability as a store of value that will enable the other uses.

Reply to this note

Please Login to reply.

Discussion

No replies yet.