04-10-2022, 07:16 AM
Most People treat Bitcoin as an Investment and agree that they wouldn't spend it eve
<!-- SC_OFF --><div class="md"><p>When ever there is a talk or rumors about adoption of Bitcoin by a company , I see it everywhere and might even agree with it sometimes. "Why would I spend my Bitcoin to buy stuff , when it can go much higher in value?" "Why would I spend my investment?"</p> <p>Most people might have come to this conclusion from the pizza story , where he bought 2 pizza's worth 10,000 BTC (that transaction was necessary to get us where we are. Because that transaction showed Bitcoin has value and can be traded , thank you Laszlo Hanyecz)</p> <p>How about stable coins then?</p> <p>Using stable coins instead of dollars makes no sense because there is (theoretically) real fiat currency being held in a bank account to back it up. So it's like using dollars but with extra steps.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Wabi-Sabibitch"> /u/Wabi-Sabibitch </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u00e5u/most_people_treat_bitcoin_as_an_investment_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u00e5u/most_people_treat_bitcoin_as_an_investment_and/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>When ever there is a talk or rumors about adoption of Bitcoin by a company , I see it everywhere and might even agree with it sometimes. "Why would I spend my Bitcoin to buy stuff , when it can go much higher in value?" "Why would I spend my investment?"</p> <p>Most people might have come to this conclusion from the pizza story , where he bought 2 pizza's worth 10,000 BTC (that transaction was necessary to get us where we are. Because that transaction showed Bitcoin has value and can be traded , thank you Laszlo Hanyecz)</p> <p>How about stable coins then?</p> <p>Using stable coins instead of dollars makes no sense because there is (theoretically) real fiat currency being held in a bank account to back it up. So it's like using dollars but with extra steps.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Wabi-Sabibitch"> /u/Wabi-Sabibitch </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u00e5u/most_people_treat_bitcoin_as_an_investment_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u00e5u/most_people_treat_bitcoin_as_an_investment_and/">[comments]</a></span>Kind Regards R