Do you see BTC as more of a digital gold or as a P2P digital cash?
I'm actually curious how you all see it.
Discussion
Money. I just use it like money. Save it, spend it, use it to compare costs.
u took the words right out of my mouth. also used to show appreciation, support, real charity too
Digital gold. But like gold most of its perceiver value is fictional/speculation based in narrative over real world utility.
Bcash is more of a P2P digital cash.
But nothing beats Monero in that regard.
Also I do believe that the best long term store of value post capitalisation of the cryptomarkets will be a coin that works best as medium of exchange and guarantees privacy to people holding it.
Gold is cash. Bank notes/fiat is credit. Bitcoin is digital cash is digital gold.
And yea, if someone's willing to let you pass on some credit guaranteed to lose value, you spend it first, because why waste the actual money?
BUT, when given the choice of what to receive, Bitcoin takes precedence. If I'm doing work for ya, knock 10% off the bill if you pay in Bitcoin -- saves me the trouble of fees, KYC, and worrying that I'm going to miss out on the next $10,000 hiccup higher while scrambling to do so.