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Bitcoin => Bitcoin Discussion => Topic started by: crypticj on March 24, 2023, 04:36:42 AM



Title: Do you feel bad while paying with BTC?
Post by: crypticj on March 24, 2023, 04:36:42 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.


Title: Re: Do you feel bad while paying with BTC?
Post by: Solosanz on March 24, 2023, 06:02:08 AM
30+ Bitcoins? who's him? I think you're refer to Laszlo Hanyecz where he spend 10,000 Bitcoins for 2 pizza and he was not disappointed for doing it, so why you should care with it?

It's your choice if you want to pay with BTC or not, but I believe there's a time where you will convert your Bitcoin to cash because you will need that money in the future, you can't just hold it and not enjoy what you've accumulated so long.


Title: Re: Do you feel bad while paying with BTC?
Post by: bussybuddy on March 24, 2023, 06:21:19 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
You feel uncomfortable right?
I also look back at the context of the story you mentioned and we can't make a fair comparison here at the moment. Convenience in use takes precedence, we can hear btc is accepted for payment for some business, and that's great for the practical demonstration of how convenient BTC is. But as more and more people see it as a big asset, it's really inconvenient to trade small and up. So there is no need to force yourself into those frameworks, just do whatever we think there is no barrier here, and for me instead of paying btc directly, replacing it with other crypto also helps push into BTC development.


Title: Re: Do you feel bad while paying with BTC?
Post by: Gallar on March 24, 2023, 06:44:37 AM
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRKSYSgsaZY8gpXigx7ReJTLN2bHZuIhD4KVw&usqp=CAU
image source : istockphoto.com

if you think like that, then when do you have profit from the bitcoin? when do you use the bitcoin?

your thinking is correct, it's possible that in the future bitcoin can exceed price expectations which are more than now, but you have to remember that is a positive prejudice, what if bitcoin in the future goes down more than the current price, what if bitcoin in the future falls down, we don't know what will happen to bitcoin in the future.

two possibilities that might happen to bitcoin.
bitcoin will continue to grow rapidly with prices that continue to increase, or bitcoin which has decreased for some reason.
sometimes we have to dare to make decisions, the most important thing is from our own heart not coercion from others.

I hope you are wise in using the bitcoin you have.


Title: Re: Do you feel bad while paying with BTC?
Post by: MAAManda on March 24, 2023, 06:44:44 AM
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

First of all, the person you mentioned is Laszlo, he didn't spend 30+ for a pizza, but 10,000 for 2 pizzas. And the second is, you create a topic, you ask and you've answered it in the same place. If you don't want to pay for something with Bitcoin (BTC) because you don't want to be unlucky like Laszlo who doesn't realize the real value of Bitcoin, well, like you said, use stablecoins. So why else ask about it?


Title: Re: Do you feel bad while paying with BTC?
Post by: m2017 on March 24, 2023, 06:48:28 AM
Well, yes. There is a feeling that by paying with bitcoin now, you are depriving yourself of future profit. Bitcoin has moved away from its original concept of Internet money and has become an investment vehicle. It is wiser to spend cash or stablecoins (than btc), which are not profitable to store due to their depreciation.

You are talking about your case, but there are people who store bitcoin for a long time and they have already received their profit, which means they are already winning, and why shouldn't they pay for purchases using btc? Don't wait for them to infinity rise in price of this asset. I believe that there may be enough such people and they can afford to pay bitcoin without worrying about future price increases.


Title: Re: Do you feel bad while paying with BTC?
Post by: EarnOnVictor on March 24, 2023, 06:56:56 AM
I understand your feeling and it's good since you might be careful, sensitive and know the value of Bitcoin as an asset. Well, this shouldn't still stop you from spending your coin as it's not only about investment. Just be sure that you have a sizable amount still left in your wallet for the investment, you should not deprive yourself of good things in life because of it.

That said, you need to be patient and speculative, this is by knowing when Bitcoin is on the beraish trend. Spending it at that time will never be an issue, you can as well replenish back your coin when it's becoming bullish again.


Title: Re: Do you feel bad while paying with BTC?
Post by: Rikafip on March 24, 2023, 06:59:23 AM
I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
Are you referring to Laszlo Hanyecz who spent 10k bitcoin on two pizzas and you remembered the amount wrong,  or you are talking about some other case?


What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Why not just use fiat instead if you prefer stablecoins for payment?

Regarding your question, I felt like you at the beginning when I just started paying stuff with bitcoin as I always had it in back of my head that I might overpay something when bitcoin goes up but after some time I simply start thinking it that way and spending bitcoin when I need to. I will try to avoid big purchases though when bitcoin is down a lot (for example few months ago when it was ~16k) and will use bitcoin for cheaper stuff like VPN or IPTV monthly sub and wait for better times (like now) to start spending.


Title: Re: Do you feel bad while paying with BTC?
Post by: tbct_mt2 on March 24, 2023, 07:06:56 AM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
To be able to pay something, you must not use all money to invest in Bitcoin or cryptocurrency.

I know you can love Bitcoin or cryptocurrency but you must have good management for your finance. If you don't have any stable coin or fiat currency, but all of your fund is in Bitcoin, cryptocurrency you will have to sell them when you need money for payment. You can sell them to stable coin or fiat currency and because you don't have any choice, you might have to sell at lost price.

With all de-pegs, bank runs, bankruptcy related to some stable coins, it is safer to store part of your fund in fiat currency, not in stable coin.


Title: Re: Do you feel bad while paying with BTC?
Post by: Questat on March 24, 2023, 07:36:16 AM
What makes you uncomfortable and bothered you too much because you are not willing to pay in BTC but rather think about paying it with fiat?
Why you should think about the past? It never happens to you actually...If you are not really ready to use BTC as a payment option, then don't go against your will. I feel that you are thinking about what if the price of BTC will grow and you already have used them. In case, make yourself easy, then make a choice to use fiat and keep your BTC for investment purposes only, nothing else.


Title: Re: Do you feel bad while paying with BTC?
Post by: Outhue on March 24, 2023, 07:43:27 AM
I don't feel bad selling my Bitcoin or paying with Bitcoin, if you are a business owner who accepts Bitcoin as a payment solution you will understand, I buy goods with Fiat and sell them to my customers and few of my customers pay me in Bitcoin, whenever I receive Bitcoin I have to sell back to Fiat using the exact initial amount I used to purchase the goods, so that I can return them back to store for sell, I always keep my profits in Bitcoin and this has helped me get my hands of a handful of Bitcoin, if you are feeling bad spending your Bitcoin, you need to find a way to earn more Bitcoin, find a business where you can start accepting Bitcoin, even if you spend Bitcoin you won't be running out of Bitcoin because you are also accepting Bitcoin as payment.


Title: Re: Do you feel bad while paying with BTC?
Post by: Spaceman1000$ on March 24, 2023, 07:58:08 AM
Paying with Bitcoin is something I will ever be grateful for, it's something of nobility for shops and restaurants to accept bitcoin payment and at such, I don't think doing that should generate a bad feeling.


Title: Re: Do you feel bad while paying with BTC?
Post by: FatFork on March 24, 2023, 08:40:57 AM
I can definitely relate to that feeling. It can be tough to part with an asset like Bitcoin, especially when you believe that its value is likely to increase in the future. But at the same time, I think it's important to remember that Bitcoin was designed to be a currency, and we should be using it as such if we want to see wider adoption. As more and more merchants begin to accept Bitcoin, it will become more commonplace to pay with it, and people will feel more comfortable doing so.


Title: Re: Do you feel bad while paying with BTC?
Post by: CoinEraser on March 24, 2023, 08:47:43 AM
It feels like you paying more for the product from a future perspective.
Yes, I can understand your feelings. But actually that's wrong. If nobody used bitcoin, he wouldn't have this price either. Only because he was used has led to the success of bitcoin. If nobody used bitcoin, he would fall into insignificance. Therefore, you should not regret it if you use it to pay. Sure, you have a better feeling when you pay something and the price goes down instead of going up, because you could buy something "cheap", but we shouldn't have such thoughts. One should use bitcoin and not regret it. But as already written, I can understand you.  ;)


Title: Re: Do you feel bad while paying with BTC?
Post by: hZti on March 24, 2023, 08:59:23 AM
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.


I can only say:

Please pay with Bitcoin!

Bitcoin is a currency, and if it is not used it will die. Easy as that.
If you buy a pizza with Bitcoin and are afraid that you will regret it, the buy the equal amount of BTC again after you spend BTC for the pizza. This will involve a small fee but it will help Bitcoin a lot.


Title: Re: Do you feel bad while paying with BTC?
Post by: Dr.Osh on March 24, 2023, 09:00:35 AM
if you are not comfortable spending the bitcoins you have, then feel free to use stable coins or even Fiat. however, you must have the principle that bitcoin is an investment that you keep. So, you don't have to use it, and keep adding to it if you have extra cash. The simple thing is if you are not comfortable, then use an alternative that you are comfortable using.
Anyway, I just heard a story about a guy who exchanged the 30+ bitcoins he had for a pizza, or do you mean Laszlo Hanyecz spent 10k bitcoins for 2 pizzas.


Title: Re: Do you feel bad while paying with BTC?
Post by: wxa7115 on March 24, 2023, 09:01:38 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
If everyone thought like you then bitcoin would have never become popular at all, but that is OK as everyone has their own way of thinking about things.

However if you want to not feel bad about spending your bitcoin then what if the next time that you have to pay with bitcoin you do so, but that same day or the day after you buy again that same amount of bitcoin with fiat? This way you will use bitcoin for its intended purpose while at the same time you will not miss the upcoming upward movement while you have less bitcoin than when you made that purchase.


Title: Re: Do you feel bad while paying with BTC?
Post by: yudi09 on March 24, 2023, 09:03:11 AM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
That feeling will be born if you spend something with Bitcoin considering how someone is trying to get Bitcoin and I feel it.
But lucky for people who live in areas that still prioritize fiat in every transaction activity so that Bitcoin can be stored.
On the other hand, transactions in shopping by paying Bitcoin can be one way for us to see the wide spread of Bitcoin as a currency.


Title: Re: Do you feel bad while paying with BTC?
Post by: Zlantann on March 24, 2023, 09:09:47 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

You feel as if you are wasting something you would have invested. That's the feeling of a true investor mate. If you have other means of paying for your goods, why paying with Bitcoin?  The best decision is to have two wallets. One should be used for hodling your coins while you can use the other for paying for your purchases. But sometimes there is this sense of pride when you pay with bitcoin, the feeling of freedom and independence from bank and government controls. They market is not bad for people that bought when the price was at its lowest last year.

That feeling will be born if you spend something with Bitcoin considering how someone is trying to get Bitcoin and I feel it.
But lucky for people who live in areas that still prioritize fiat in every transaction activity so that Bitcoin can be stored.
On the other hand, transactions in shopping by paying Bitcoin can be one way for us to see the wide spread of Bitcoin as a currency.

Yeah, I don't like using exchanges, hence I am forced to keep my coins and look for other means to make payments since Bitcoin payment is not very popular in my country. Like you said it is the use of Bitcoin as a legal tender that will promote the currency thereby leading to widespread adoption.


Title: Re: Do you feel bad while paying with BTC?
Post by: stompix on March 24, 2023, 09:12:06 AM
Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

yeah, why spend $1 worth of BTC now when it "could" be worth $10 tomorrow, the perfect example of the mindset that shows us all those statistics about usage are overly exaggerated. Let's all stop using bitcoin as we don't want to be that guy and hope some magical fairy will increase 10x times the price of an asset with no usage.

Quote
I usually try to buy with stablecoins if I have some, it just feels more natural for me.

And what stops you from buying each month a few bitcoins each just as you buy stable coins and use that to pay for goods? You will spend that anyhow since you need food or do you regret every day you have to spend money on food, clothes, and health instead of investing? You're on a slippery slope there!
It's really pretty simple, either way, you have to spend $x of value at the end of the day, why does it matter if it was in fiat stable coins or bitcoins?


Title: Re: Do you feel bad while paying with BTC?
Post by: hugeblack on March 24, 2023, 09:12:23 AM
This fear includes all people who trade in assets, they always believe that their asset will increase in value and therefore it is better to wait, but this thing is not accurate as the price can increase or decrease.

To break this barrier, start trading, then you will know that the value lies in waiting for a long time, but during the short term you can make profits by buying and selling, for example, selling Bitcoin at a price of 60K and buying at a price of 17K.

Without that, you will not enjoy the money and you will sell it in a fit of panic or when you need that money in an emergency.


Title: Re: Do you feel bad while paying with BTC?
Post by: ElmedoRator on March 24, 2023, 09:16:16 AM
Just my personal opinion, because I feel quite conflicted in the use of why we have to go around and be different, simply paying for the benefit of the parties is okay.
I'm also happy to see BTC being adopted a lot, but I find that as its value increases day by day in our lives, owning btc is like holding a gold bar to buy coffee, yes it's perfect It's all doable, but inconvenient.


Title: Re: Do you feel bad while paying with BTC?
Post by: Darker45 on March 24, 2023, 09:17:15 AM
I feel you. That is also how I feel or felt every time I spend my Bitcoin. After all, we are all trying to stack as many Sats as possible. I probably won't mind if the price is somewhere near the ATH, but if the price is 60 percent down from the ATH like today, spending Bitcoin feels like it is such a waste. This is also true whenever I gamble using Bitcoin or whenever I'm forced to convert some for something urgent. The truth is that I am almost certain $100,000 will come soon, so instead of spending I'm more inclined to accumulate.


Title: Re: Do you feel bad while paying with BTC?
Post by: ethereumhunter on March 24, 2023, 09:26:56 AM
For now, I feel that keeping BTC will be better for me than spending it because I want to make more profit. I do want to spend my bitcoins but the desire to store more Bitcoins keeps me from using bitcoins as a means of payment.

Maybe buying using stablecoins is the solution but I still prefer to hold bitcoins than use them as a means of payment. Maybe one day, I will do it and use bitcoin as a means of payment.


Title: Re: Do you feel bad while paying with BTC?
Post by: xSkylarx on March 24, 2023, 09:32:28 AM
But Bitcoin was really made for transaction purposes, which is why we should do it, but I have the same feeling that it is because we now treat it as an investment and we are looking for big profits as the years go by, so if we keep spending it then our possible profit will be lessened. It is like in our piggy banks, we save, but every time we want to buy something, we get money from our piggy bank, so by the end of the month, if we open it, you only get small savings. What's best is having a separate wallet on it, like one for spending and another for investments, so you can't touch your investments.


Title: Re: Do you feel bad while paying with BTC?
Post by: G_Besar on March 24, 2023, 10:18:53 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
You are a very sensitive person towards Bitcoin so you feel very affection for Bitcoin when you want to spend something with it. But what you need to know here is that the adoption of Bitcoin is currently starting to go very well in several countries so that Bitcoin can already be used to pay for any product that is there and that is regardless of your affection for Bitcoin.

Quote
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
My opinion about this is good, because with the legality of Bitcoin to pay for other products that we need, of course other coins such as stablecoins can also be used for the same thing so that everyone has more options for payments via crypto and also through bank credit cards which is also included in the option with the old method. And if you don't want to trade your Bitcoins for other products, you can use stablecoins like you said and you can use fiat as usual if you don't want to sacrifice more Bitcoins for some products.


Title: Re: Do you feel bad while paying with BTC?
Post by: ektotanes on March 24, 2023, 11:31:16 AM
Yep, every time I think that I need to spend bitcoin, I feel bad. But we should understand that bitcoin is a means of payment and it's fine to spend it if you really need it.

I think it will be easier to realize when more countries adopt bitcoin. For now, I'll just continue to stack my sats lol


Title: Re: Do you feel bad while paying with BTC?
Post by: Ziskinberg on March 24, 2023, 12:53:18 PM
But Bitcoin was really made for transaction purposes, which is why we should do it,
It was intended for such things - as payment. But some people don't have it in their mind yet as they just consider this as a sort of investment. That is why I understand what OP had to feel, the same feeling I have before, especially if we think to about the last bull season and its peak price.
Quote
but I have the same feeling that it is because we now treat it as an investment and we are looking for big profits as the years go by, so if we keep spending it then our possible profit will be lessened. It is like in our piggy banks, we save, but every time we want to buy something, we get money from our piggy bank, so by the end of the month, if we open it, you only get small savings. What's best is having a separate wallet on it, like one for spending and another for investments, so you can't touch your investments.
If we can't do it, then make use of fiat instead. But we should also have to practice ourselves to use this, I think starting with a small amount is not hard.
Because as long as we never try to do it, the more we fail to push ourselves to do it and the past will always remind us.


Title: Re: Do you feel bad while paying with BTC?
Post by: Rupok on March 24, 2023, 01:32:50 PM
Paying with BTC isn't a bad thing, it's a joy.  I would be very happy if we had this system in our country.  I always look forward to being able to pay with BTC.Some banks accept btc for payment and this is great for practical demonstration of how convenient BTC is.  Since BTC has no fixed value, what's the problem with spending it whenever it's worth it?I think when he bought the pizza with 30 btc maybe the value of bitcoin was too low. But is there any guarantee that bitcoin price will exceed expectations in the future or how will he know that spending 30 btc to buy a pizza is pointless.


Title: Re: Do you feel bad while paying with BTC?
Post by: jeraldskie11 on March 24, 2023, 01:37:42 PM
I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
This should be kept in mind by people who do not accept Bitcoin as a payment. We don't really understand why they don't accept Bitcoin as payment, maybe because they don't know how to use it or maybe they are afraid that the value might decrease. I just want to convince people who are planning or doubting to accept Bitcoin as payment that it is very impossible for the price of Bitcoin to drop. The more people accept Bitcoin as payment for their goods, the more Bitcoin will become known. If Bitcoin is more popular, people will be interested to know about it, and if they understand how good it is to use Bitcoin, they may accept payment using Bitcoin.
Now, the marketcap of Bitcoin is around $500 billion, which is still very small. Imagine, the ''daily'' trading volume of forex is $6.6 trillion (https://www.investopedia.com/articles/forex/11/who-trades-forex-and-why.asp), if they gradually move to crypto, it will surely reach $100k Bitcoin price.


Title: Re: Do you feel bad while paying with BTC?
Post by: Issa56 on March 24, 2023, 01:40:47 PM
I haven't make any payment in bitcoin yet maybe that's why I don't really know how it feels to pay with bitcoin, but I don't really think it's a bad idea making payments with bitcoin, if everyone is buying and holding bitcoin alone, then it's not really serving its purpose. How I wish bitcoin is accepted in stores or other places in my country, then I will even prefer making payments with bitcoin sometimes, am not saying we shouldn't hold bitcoin, but I don't really see anything bad if you make transactions with bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: Rigon on March 24, 2023, 01:43:48 PM
Paying with BTC is very bad now. Currently I am involved with this forum. I am managing my family life with what I earn from here. It's only bad when you have to sell it after receiving the weekly payment to pay for the family. Also I have some BTC invested. But I applied for a job there need some money now I have no choice but to sell this BTC. I am in a position where I cannot sell bitcoins. Can't afford to pay for that job again. But I know Bitcoin will be pumping a lot soon but I don't have time to wait that long. Maybe I'll be forced to sell my bitcoins and take that job.


Title: Re: Do you feel bad while paying with BTC?
Post by: Dickiy on March 24, 2023, 01:52:46 PM
In my opinion, this is a natural thing, because basically you might think that bitcoin is an investment asset that gives benefits if you hold it longer compared to stable coins because it is considered the same as fiat, the same feeling when I use gold as a tool the exchange feels weird and makes me not want to trade it the same as with bitcoin. But fundamentally utility is still utility because satoshi created it to replace manipulative fiat currency.
That is your right to make a decision, but still bitcoin is still in the adoption stage and not many have accepted bitcoin as a means of payment, so maybe you also have to convert your bitcoins to fiat money.


Title: Re: Do you feel bad while paying with BTC?
Post by: ringgo96 on March 24, 2023, 01:54:26 PM
When the price of bitcoin like today indeed we do not want to let go to buy something using bitcoin, because the value of bitcoin can always change and make a surprise that we cannot imagine, I am sure who bought pizza using bitcoin at that time he must have a very big regret and those of us who already know the movement of bitcoin certainly have to be vigilant so that it does not happen like him, For me, if I want to buy something using Bitcoin,I can do it but it depends on the goods,if the goods are not valuable,I prefer to use fiat currency.


Title: Re: Do you feel bad while paying with BTC?
Post by: rat03gopoh on March 24, 2023, 02:02:57 PM
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

Then what form of contribution from this perspective to the ecosystem, suppose everyone thinks bitcoin is too valuable to spend now. I mean, how to know that bitcoin works as a means of payment? what is their experience using bitcoin?
Let's say now is the future of what you mean (where bitcoin is worth spending), are you no longer bound by previous assumptions?


Title: Re: Do you feel bad while paying with BTC?
Post by: Merit.s on March 24, 2023, 02:18:42 PM
Spending bitcoin shouldn't be a problem because it is a currency,there is no way that you can keep accumulating forever,you must spend from it. After making profit in your investment, you are to use your profit to enjoy yourself or buy something valuable to you. If not then why are you investing when you can't enjoy from your investment. Life is short and sudden death can come up,what will happen to all your bitcoin ? Lost,there are some challenges you will face in life that these your coins will help you out or some achievement that you need,when bitcoin is in the bull run,if you sell,you can make your dreams come true. The most important thing is that don't sell all your investment so that you can top it up during the bearish market.


Title: Re: Do you feel bad while paying with BTC?
Post by: Smack That Ace on March 24, 2023, 02:31:08 PM
If you feel bad, why would you use bitcoin to pay and then feel bad when you can use fiat? Although I don't like using bitcoin to pay my daily expenses because I consider bitcoin an investment rather than a currency. But in case of experience or use for urgent work, I will also use it because bitcoin is also money, and it is to serve my life. As long as Bitcoin gives me value and helps me, I never feel uncomfortable using it.


Title: Re: Do you feel bad while paying with BTC?
Post by: cozytrade on March 24, 2023, 02:46:50 PM
Paying with BTC is very bad now. Currently I am involved with this forum. I am managing my family life with what I earn from here. It's only bad when you have to sell it after receiving the weekly payment to pay for the family. Also I have some BTC invested. But I applied for a job there need some money now I have no choice but to sell this BTC. I am in a position where I cannot sell bitcoins. Can't afford to pay for that job again. But I know Bitcoin will be pumping a lot soon but I don't have time to wait that long. Maybe I'll be forced to sell my bitcoins and take that job.
I understand you are under a lot of pressure.  Because you don't want to sell the bitcoins and you need your job again. You are in big trouble now. I say you sell the bitcoins and take your job because you can hold on to bitcoins for the next time. If you can take the job then from the job.  You can support your family with the salary you get. Later you can invest the bitcoin income through this forum in bitcoins. So I think you have an easy way now that you can sell the bitcoins and get a job.  It will be very good for you and very good for your family.


Title: Re: Do you feel bad while paying with BTC?
Post by: Flexystar on March 24, 2023, 02:48:34 PM
It is all about perspective.

The perspective can change with time. When that guy paid for his pizza in terms of bitcoin, it was his choice and the bitcoin was worth equal to that Pizza when that trade happened. In a similar way, if I am going to pay for a pizza in today's timeline then I will have to pay only a fraction of a bitcoin because of the increase valuation in terms of fiat. However, my bitcoin is still the bitcoin that was traded at that time.

Similarly, a reverse case scenario is also highly possible. In that one, the bitcoin price might drop such that, I may have to pay 10K bitcoin again in the future for a similar pizza and bitcoins would be worth it.

Should we hold? Yes definitely because bitcoin is actually growing in terms of fiat value and you could profit from the fiat. However, at any given time bitcoin equals bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: pawanjain on March 24, 2023, 02:51:09 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

It's a matter of preference actually. I have bought things with BTC too and I know that the price will go up in future but I don't really care.
The answer is that I have BTC which I want to HOLD for a long term and I use separate coins to buy things from BTC.
It's more like having 2 wallets where you use one for daily payments and one for holding for long term.
This way you hold BTC as a store of value as well as use it's primary capability as a payment method.


Title: Re: Do you feel bad while paying with BTC?
Post by: trendcoin on March 24, 2023, 05:15:15 PM
...

I have to admit that when I pay with Bitcoin, I get a little nervous too. Bitcoin is a means of payment, but for me it's more of a store of value. If we look at past price movements historically, we can see how great it has performed, and we can have some ideas of what it might do in the future. That's why I feel a little nervous when paying with Bitcoin, but when I think we are in a rally and there is a bubble in prices, I am more comfortable about it and do not hesitate to pay with Bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: teosanru on March 24, 2023, 05:28:20 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
No not at all. I think I would feel quite happy doing so. In my country these days withdrawal of btc is quite difficult, so all the ways where you can spend bitcoin is actually good. Also i would say it's better for me because I have lost a lot of valueable money as well because of the markets going down eventually. So i feel it's better if I pay in bitcoin but obviously in rising markets it might feel like stupidity.


Title: Re: Do you feel bad while paying with BTC?
Post by: AnonBitCoiner on March 24, 2023, 05:34:53 PM
I think that Laszlo didn't have any information about bitcoin that how much expensive it is. But these days every person is familiar with bitcoin and the price and worth of bitcoin is well known to everyone.

I know that bitcoin holding will be lucky for you one day but you cannot hold it for prolong time, there will be a time when you have to sell your bitcoin as for the life you will need it one day.

Paying with bitcoin will decrease your profit and you will think in future that it would be better to not sell your bitcoin that time. So it will be better to put some money when it increase then take your profit and left the remaining amount in it so in this case you will be able to take benefit as well as to maintain your investemnt in bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: Woodie on March 24, 2023, 05:35:06 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price.
I think it comes with the territory, those first gen hodlers are the luckiest and the bold ones who believed in what Satoshi Nakomoto and friends saw in the money system, and getting to spend your bitcoin today shouldn't be something to make you feel bad because in you doing so you are being the ambassador of crypto and adoption is becoming the order of the day.

It feels like you paying more for the product from a future perspective.
I know the feeling but if you have other sources of income you can have a stash that you shouldn't touch just to make you feel happy.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Stablecoins are my go to coins if I don't want the inconvenience of a clogged network and besides they too speak for bitcoin in the crypto adoption game.


Title: Re: Do you feel bad while paying with BTC?
Post by: Pokapoka124 on March 24, 2023, 05:38:11 PM
That’s because most people in the bitcoin community see bitcoin as a store value and do not like to use bitcoin as a currency. Spending bitcoins on stuff like groceries and gadgets feels like a waste of investment to many bitcoiners, which is kind of strange to admit considering that we like to talk about how bitcoin is going to replace fiat. I believe the story you’re referring to is Laszlo pizza story. FYI that will forever be remembered in bitcoin history.


Title: Re: Do you feel bad while paying with BTC?
Post by: |MINER| on March 24, 2023, 05:41:14 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Excually my payment is through Bitcoin and from that I have to pay my daily expenses as well as the investments I have to make. Although we should be happy with the spread of payments through Bitcoin, but there is still a pain inside when it comes to making payments or sales through it, The reason is the same like what Laszlo Hanyecz did.


Title: Re: Do you feel bad while paying with BTC?
Post by: milewilda on March 24, 2023, 05:45:58 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
If you do have that uneasy feeling on the time you do spent up your coins then better not to do it because we dont really know on what the future holds and we do know that it isnt really that something
that we could really be able to avoid if ever Bitcoin would rise up its value even more comparing on what we do have today.Yes, there are lots who had missed out the train and ending up on having that
huge regret basing up on what they had spent back in the past but somehow if we do really zoom out on why Bitcoin it was created then it would really be for the sake of p2p payments which is
irreversible and something which is anonymous or simply being decentralized which makes it special but spending it out would really be depending on someones choice.


Title: Re: Do you feel bad while paying with BTC?
Post by: topbitcoin on March 24, 2023, 08:36:43 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Is that like when we have sold our coins and then the price goes up? If so, as long as we don't lose we just have to be grateful. Because we have to bear the consequences of the choices we made. I have a story when my friend bought a laptop from another friend of mine with bitcoin, even worse, not only in a matter of months but in less than 1 week the price of bitcoin has doubled and he is still discussing it to this day.


Title: Re: Do you feel bad while paying with BTC?
Post by: TribalBob on March 24, 2023, 09:17:21 PM
every payment is a decision when making it let alone using crypto, we have thought about everything, in the case of the guy who spent 30+ bitcoins on pizza that's his business. maybe he has received a lot of forgiveness from btc itself so he did so but behind that I don't know, basically do what you believe is right if you feel disadvantaged paying with btc , make payments with stablecoin


Title: Re: Do you feel bad while paying with BTC?
Post by: Hypnosis00 on March 24, 2023, 09:47:38 PM
We feel bad because we have been influenced by our minds Bitcoin is an asset that soonest will give us more profit. We are worried that spending it today will cause regrets in the future just like buying a pizza with that huge amount of BTC. But if we disregard this thing and consider that we are just like spending fiat money, I don't think we still feel bad about doing it, not anymore. We should have to be adopted and educate ourselves that Bitcoin is not solely for investment purposes but also it was in a form of currency which is really what supposed to happen.


Title: Re: Do you feel bad while paying with BTC?
Post by: Dr.Bitcoin_Strange on March 24, 2023, 09:54:16 PM
I would not pay with Bitcoin if I didn't have to, unless that was the only available fund I had to spend at that moment. But any time I spend Bitcoin, I don't feel bad about it. Laszlo Hanyecz, who spent 10,000 bitcoins on two pizzas, created a good historical event for Bitcoin that we will never forget. If I spend a significant amount of Bitcoin to purchase something in my home country and am remembered as the first person to do so, as Laszlo Hanyecz was, it would be a stroke of luck for me as well.


Title: Re: Do you feel bad while paying with BTC?
Post by: GideonGono on March 24, 2023, 09:55:10 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I think it would depend on what we paid for, because for me if it is something that we really needed at that time and we don't have any other option left then there is nothing to be sad or feel anything from it.
I paid with crypto so many times before for my internet connection or mobile data but I didn't regret it because I am using it to learn more and earn in crypto back then.


Title: Re: Do you feel bad while paying with BTC?
Post by: serjent05 on March 24, 2023, 10:10:18 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

I do not mind paying in BTC.  Whether paying in cash, stablecoins or BTC, I feel it is all the same.  Since I only look at the current scenario where I need a fund to pay for the bills and other important things I need to buy.  After all, it does not make any difference since the amount in BTC to pay is the same amount in any form of currency.  If in case, we can replenish BTC with the money we have in hand.  So why regret paying in BTC when you can replenish if you have the money right away?


Title: Re: Do you feel bad while paying with BTC?
Post by: lousie9 on March 24, 2023, 10:26:21 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I think it would depend on what we paid for, because for me if it is something that we really needed at that time and we don't have any other option left then there is nothing to be sad or feel anything from it.
I paid with crypto so many times before for my internet connection or mobile data but I didn't regret it because I am using it to learn more and earn in crypto back then.

I totally agree with you, this all depends on what we will pay with our Bitcoin, will it be useful for us or will it just be wasted. if we don't want to regret or feel bad for spending our Bitcoin then we have to be able to use it wisely.
if we spend our Bitcoin only to fulfill temporary pleasures or be useful only for a moment such as spending it on getting drunk or buying drugs or anything negative, that is not a wise thing and it is certain that our Bitcoin is wasted, it is different if we spend on things which can be useful to us for clearer purposes then why should we feel bad and regret.


Title: Re: Do you feel bad while paying with BTC?
Post by: CODE200 on March 24, 2023, 10:43:17 PM
...

I have to admit that when I pay with Bitcoin, I get a little nervous too. Bitcoin is a means of payment, but for me it's more of a store of value. If we look at past price movements historically, we can see how great it has performed, and we can have some ideas of what it might do in the future. That's why I feel a little nervous when paying with Bitcoin, but when I think we are in a rally and there is a bubble in prices, I am more comfortable about it and do not hesitate to pay with Bitcoin.
Bitcoin has reached so far compare to its past, if we look on its value, we cant imagine that it can be that high now. Using bitcoin as a payment will trully make us nervous and question ourselves sometimes like, is it right to pay with bitcoin? What if it pump after I paid? Should I used fiat instead of it? Those are just question that will hit you when you do it. I guess if you dont want to feel that way better to not used bitcoin so you dont have to worry more. Weather the peice of it rise or go down you wont feel any regret at all.


Title: Re: Do you feel bad while paying with BTC?
Post by: Oceat on March 24, 2023, 10:58:26 PM
Nope, it's just the same as paying cash besides you can have them back if you have the money to buy back again. Don't get worry too much for any small things you are doing it's just part of our living but instead try to look the other way or having a different perspective you will always know what you are doing.

But always, always, always double or triple check everything everytime you do the BTC transactions since it requires no mistake to send to the right recipient. But if you were going to ask me, I would prefer paying cash instead of BTC and by that it's less hassle since not everytime you are having an internet on your phone when you go out. And I don't want to connect to the public since that's scary when doing transaction.


Title: Re: Do you feel bad while paying with BTC?
Post by: qwertyup23 on March 24, 2023, 11:02:07 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

As someone who currently lives in a third-world country, my answer would be a both YES and a NO.

YES- I regret using my BTCs since I somehow take away the opportunity of saving and HODLing for its price to mature in the future. I am very much aware about its price history index where its price used to be significantly low in the market, but it skyrocketed every once in a while. Every time I use BTC and convert it to my local currency, it pains me to see that I have been wasting an investment which I should have been saving for the future.

NO- with job opportunities being very competitive in my country, earning through signature campaigns is definitely a privilege that not anyone can do. Majority of my BTCs have been converted to cash in order to pay for my monthly bills, which supports me and my family. In this aspect, I do not regret using my BTC since I use it for a desired and meaningful purpose.


Title: Re: Do you feel bad while paying with BTC?
Post by: coinerer on March 24, 2023, 11:08:36 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this?
Where did you find that a person bought a pizza with 30+ bitcoins. I knew about buying a pizza that buying a pizza with 10,000 bitcoins was the first use of bitcoins.
When you buy something with bitcoins you are of course using its current value. So if you don't use bitcoin in that case you have to use the same amount of money in other ways.  But if you find it easier to pay in Bitcoin than other means.  Then of course it's nice and easy to pay you with those bitcoins and then buy back the bitcoins at that point. it will not any big problem


Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on March 25, 2023, 01:03:04 AM
First of all, the person you mentioned is Laszlo, he didn't spend 30+ for a pizza, but 10,000 for 2 pizzas. And the second is, you create a topic, you ask and you've answered it in the same place. If you don't want to pay for something with Bitcoin (BTC) because you don't want to be unlucky like Laszlo who doesn't realize the real value of Bitcoin, well, like you said, use stablecoins. So why else ask about it?

Yeah sorry, I forgot that he spent THAT much. I asked because the problem is mostly psychological. Because when you think about it, spending bitcoin is the SAME as spending stables because you paying the SAME price. But still, for me, it's psychologically harder to spend bitcoins.



...
I have to admit that when I pay with Bitcoin, I get a little nervous too. Bitcoin is a means of payment, but for me it's more of a store of value. If we look at past price movements historically, we can see how great it has performed, and we can have some ideas of what it might do in the future.

Right?? I have the same feeling. I know that there is no difference if you pay with BTC or stables because you spend the same amount of money, but when you have HODL psychology it feels wrong.

Like we all thought that we need to HODL out bitcoins and buy them, use DCA and stuff, but when it comes to spending we already got used to the idea that selling/spending bitcoin is somehow bad.

I think the biggest problem is that we still treat it like an asset, not like money.

[moderator's note: consecutive posts merged]


Title: Re: Do you feel bad while paying with BTC?
Post by: Wiwo on March 25, 2023, 01:15:56 AM
It all depends on the circumstances surrounding the spending of Bitcoin, for someone who bought Bitcoin as an investment and a long-term asset, it's better to avoid frequent spending of your holding since yours. Notice is to hold and not to spend.

-But we also have those Bitcoin holders who just bought bitcoin to make online payments where faint is restricted or Unavailable, thos categories of users may have to spend the Bitcoin regardless of his/her feelings.


Title: Re: Do you feel bad while paying with BTC?
Post by: Hispo on March 25, 2023, 01:33:41 AM
...
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

I also try to go with stablecoins, since my current plan is to hold in the long term. However, if I do not have enough Stable coins to pay for what I need and I am forced to sell satoshis I would only feel bad if it is a frivolous purchase, like candies, videogames, or some gadget I actually can live without.

On the other hand, if I need to sell Bitcoin in other to pay for food, education or (most importantly) health for me or my family, I would do it in a heartbeat and I would not feel much remorse about it, we are supposed to be aware of our priorities.

That is what I think. 


Title: Re: Do you feel bad while paying with BTC?
Post by: Xampeuu on March 25, 2023, 01:47:50 AM
...
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

I also try to go with stablecoins, since my current plan is to hold in the long term. However, if I do not have enough Stable coins to pay for what I need and I am forced to sell satoshis I would only feel bad if it is a frivolous purchase, like candies, videogames, or some gadget I actually can live without.

On the other hand, if I need to sell Bitcoin in other to pay for food, education or (most importantly) health for me or my family, I would do it in a heartbeat and I would not feel much remorse about it, we are supposed to be aware of our priorities.

That is what I think. 
I think it depends on the individual, where what is our priority. while thinking like the OP, of course the main goal is to invest in the long term, so you will regret it if you use it for payments, because it has the potential to increase the results. while there are also those who don't regret anything that happened afterwards when it comes to making payments, things like that are also not wrong, who knows after the price drops and can afford to buy at a lower price


Title: Re: Do you feel bad while paying with BTC?
Post by: crunck on March 25, 2023, 02:21:24 AM
First of all, the person you mentioned is Laszlo, he didn't spend 30+ for a pizza, but 10,000 for 2 pizzas. And the second is, you create a topic, you ask and you've answered it in the same place. If you don't want to pay for something with Bitcoin (BTC) because you don't want to be unlucky like Laszlo who doesn't realize the real value of Bitcoin, well, like you said, use stablecoins. So why else ask about it?

Yeah sorry, I forgot that he spent THAT much. I asked because the problem is mostly psychological. Because when you think about it, spending bitcoin is the SAME as spending stables because you paying the SAME price. But still, for me, it's psychologically harder to spend bitcoins.

If you feel uncomfortable using bitcoin to pay, then stop doing it, no one is forcing you to do it. You are causing trouble for yourself and you are complaining to everyone. I see you as someone who has too many contradictions, you act on your own and feel sorry for yourself. If you consider bitcoin a valuable investment in the future, keep it safe and never spend it on unnecessary things.


Title: Re: Do you feel bad while paying with BTC?
Post by: Asuspawer09 on March 25, 2023, 02:22:52 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

I completely understand how to feel  ;D, it's always a pain selling your bitcoin because it's an investment and could easily increase its price over time, you could easily regret it, especially when you do it on a bear market at times like this.

That's why for me bitcoin is just an investment at the moment, not a digital currency that you can use in transactions, Right now bitcoin market price is so volatile so you wouldn't really want to use a digital currency that has a risky market price, a currency that at any moment could increase or decrease its market price. what you want is something like stablecoins or fiat so that you could pay someone exactly not less or excess.

At the moment the price was already thousands, I think right now it's a lot better on investments, and maybe in the future when the market price become stable it could be something that everyone can use on transactions.


Title: Re: Do you feel bad while paying with BTC?
Post by: lassdas on March 25, 2023, 04:04:11 AM
No, those few times when I'm able to pay with BTC, I don't feel bad at all.
Those times are rare, very, which makes me feel bad, ..or rather sad.

I would love to pay in BTC, it's just not possible at those places where I usually buy stuff
and to use some kind of proxy-service that gets me anything for BTC is not easier at all than exchanging the coins for fiat myself and probably more expensive too, so that just doesn't make sense to me.

Sad but true, after more than a decade down in the rabbit hole the only things I ever actually paid for directly in BTC were mining-hardware (in the early days), hosting (vps/dedis), games and drugs.
For everything else I'm more or less forced to use the old systems and I highly doubt it to change anytime soon, as long as everyone treats Bitcoin as an investment.


Title: Re: Do you feel bad while paying with BTC?
Post by: rhodelmabanal on March 25, 2023, 05:43:05 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
That person is will surely feel bad if he is still alive and so the value of bitcoin today, now in that case you can hold your btc if the market is bad and spent some btc earning from your holdings when market is good don't spent your capital just spent the profit to avoid disappointment when the market price rise drastically.


Title: Re: Do you feel bad while paying with BTC?
Post by: worle1bm on March 25, 2023, 07:02:03 AM
In reality the main motive of creation for Bitcoin was to substitute fiat payments so it must be used for payment processing also not only investment purposes.We have seen that with rise in prices we gain profits from it with time so feel sad to spend them and it's also fine but we can spend small amounts to buy stuff online or physically if merchants around you accept it to boost the adoption more.


Title: Re: Do you feel bad while paying with BTC?
Post by: fuguebtc on March 25, 2023, 07:57:48 AM
For those who consider bitcoin as an investment, spending bitcoin is uncomfortable and wasteful because they believe the value of bitcoin will be huge in the future. But there are also people who only see bitcoin as a currency, a means of payment, spending bitcoin with them is normal because it will contribute to promoting bitcoin to become more popular. Bitcoin is very versatile, so it depends on the purpose of each person we use it. I also rarely use bitcoin to pay, but using it in cases of need is not a problem because I can buy it back later.


Title: Re: Do you feel bad while paying with BTC?
Post by: n0ne on March 25, 2023, 07:59:07 AM
In reality the main motive of creation for Bitcoin was to substitute fiat payments so it must be used for payment processing also not only investment purposes.We have seen that with rise in prices we gain profits from it with time so feel sad to spend them and it's also fine but we can spend small amounts to buy stuff online or physically if merchants around you accept it to boost the adoption more.
The main purpose for which bitcoin got innovated is to get served as an alternate to the traditional system. Many flaws were found on the traditional system and to overcome the same bitcoin got innovated with the blockchain technology backing. The usage of bitcoin is much preferred for investment than as a payment system or transaction source. When we talk of bitcoin adoption and increasing acceptance we should also contribute to it. Everyone have the same feeling of bitcoin value fluctuation causing difference in price for the same product based on time difference. For this it is always good to spend on small products that won't disturb the spending even when the price of bitcoin varies big. In all aspects it is a must to spend, only then we can have good circulation that result in the increased usage and real time adoption of bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: traderethereum on March 25, 2023, 10:48:57 AM
For those who consider bitcoin as an investment, spending bitcoin is uncomfortable and wasteful because they believe the value of bitcoin will be huge in the future. But there are also people who only see bitcoin as a currency, a means of payment, spending bitcoin with them is normal because it will contribute to promoting bitcoin to become more popular. Bitcoin is very versatile, so it depends on the purpose of each person we use it. I also rarely use bitcoin to pay, but using it in cases of need is not a problem because I can buy it back later.
It will only reduce the number of bitcoins if they use bitcoin as a means of payment.
Besides that, with the current situation and conditions where not many countries accept bitcoin as a means of payment, it would be better if we used bitcoin as an investment tool first.
After bitcoin can be accepted as legal tender in all countries, we can use it or choose fiat.
And for now, I think that it's better if I just keep the bitcoin because there is very high upside potential for the bitcoin price.


Title: Re: Do you feel bad while paying with BTC?
Post by: SOKO-DEKE on March 25, 2023, 11:02:49 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Since I haven't used Bitcoin for payments before, I can't say that I have a lot of experience with how I feels when use Bitcoin to stuffs. However, occasionally, when I'm trying to convert my Bitcoin to fiat money, I get uneasy because I worry that if I sell it, Bitcoin might rise significantly in value and I might miss the opportunity. However, I rarely sell any portion of my Bitcoin investments these days since I have enough fiat money saved in my bank account. I believe it is the greatest strategy for avoiding any attempts to sell my Bitcoin or use it to make any purchases.


Title: Re: Do you feel bad while paying with BTC?
Post by: Ronsbit on March 25, 2023, 11:31:21 AM
In as much we are trying to make bitcoin more popular in the society, this is one of the criteria one must face in other to do so. When the drive for bitcoin adoption is ongoing, it is of good importance that it is used for the purpose for awareness sake. So i would say that paying for bitcoin for services is not  a bad idea so far as it is a course that must be fulfilled and accomplished with satisfaction derived in massive awareness and adoption goal. Another is this, based on your topic, i believe before you attempt to pay for anything of value, it must have a figure of payment so therefore, it is advisable you pay in approximate figure in the currency value of the goods you are paying for more over, you should know that bitcoin price is volatile so it depends on how the market is as at time of payment.


Title: Re: Do you feel bad while paying with BTC?
Post by: Yatsan on March 25, 2023, 12:14:56 PM
We can't help it. It is like buying something double it price not because of the taxes but with the idea that the value of a certain amount, in form of Bitcoin as payment, could grow if you choose to hold. This is simply an evidence of how cryptocurrencies are being used not as an alternative mode of payment but more of an asset to be held for years because of its profit potential. Not a bad thing to do so, people are just taking advantage and making use of the characteristic of Bitcoin and other cryptocurrencies.
 The only instance I won't have regrets or hesitate to pay in Bitcoin is if I would be able to save for that transaction, which is assuming to be big for me to use crypto. In such way I'd be able to avoid taxes from huge transactions. Especially nowadays wherein taxes somehow cuts more than 30% of the actual price of the item because of import and export matters.


Title: Re: Do you feel bad while paying with BTC?
Post by: MAAManda on March 25, 2023, 03:04:51 PM
Yeah sorry, I forgot that he spent THAT much. I asked because the problem is mostly psychological. Because when you think about it, spending bitcoin is the SAME as spending stables because you paying the SAME price. But still, for me, it's psychologically harder to spend bitcoins.

If you don't want to end up like him and believe that the real value of Bitcoin (BTC) is even eg $500K, you can spend nothing with Bitcoin (BTC), just use stablecoins like USDT, BUSD and other stablecoins. As simple as that, mate. So, I think we have the conclusion here, you have the choice not to or use Bitcoin (BTC) in the transaction you want to make, the decision is all yours.


Title: Re: Do you feel bad while paying with BTC?
Post by: Godday on March 26, 2023, 05:40:50 AM
Those are all options.  Maybe you're referring to someone who has spent over 22k bitcoins on a Pizza.  It has been discussed in this forum.  Many people feel bad after paying for their bitcoins.  Ask people who have sold their BTC for $4,000 in 2017. Ask people who have bought BTC for around $50,000 around 2018. Ask people who have found out about BTC in 2013. Everyone has  feel bad about their BTC.  And I think that's normal.  We don't need to regret it.  We just have to believe that this life is a choice and whatever choice we have made, we have to be prepared with the good and bad feelings of that decision.


Title: Re: Do you feel bad while paying with BTC?
Post by: Henrobakkara on March 26, 2023, 05:56:29 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
You are quite right but it really wouldn't matter if you don't have a choice. If at a point you trying to buy or pay for something and it happens that you do not have any funds on you and at the same time you can pay with Bitcoin, then you are left with whether to use your Bitcoin for payment or leave the transaction alone and if you really need to get it done, then you have to and don't look at what the Bitcoin/Satoshi would have earned you in years from now.

Do you think of fiat that way, (Like, Look at the amount of fiat I have spent since the beginning of this year, I wish I had invested in Bitcoin and it would have doubled the amount) So what happens if Bitcoin is now made a Legal Tender in your country is this how everyone would feel spending the Bitcoin they so clamored for to be a legal tender  ???


Title: Re: Do you feel bad while paying with BTC?
Post by: xSkylarx on March 26, 2023, 06:07:33 AM
Those are all options.  Maybe you're referring to someone who has spent over 22k bitcoins on a Pizza.  It has been discussed in this forum.  Many people feel bad after paying for their bitcoins.  Ask people who have sold their BTC for $4,000 in 2017. Ask people who have bought BTC for around $50,000 around 2018. Ask people who have found out about BTC in 2013. Everyone has  feel bad about their BTC.  And I think that's normal.  We don't need to regret it.  We just have to believe that this life is a choice and whatever choice we have made, we have to be prepared with the good and bad feelings of that decision.

Lets not only think about the bad side like if you haven't used it to buy things, we should think the positive side like without bitcoin what ever the price is you cant purchase those things and also you cant afford it with your own money if you haven't used the bitcoin that is why be thankful but again reflect on those things and not to try to commit those mistakes like just use it when needed and not on those nonsense things


Title: Re: Do you feel bad while paying with BTC?
Post by: Alisha-k on March 26, 2023, 07:10:30 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
you can't possibly hold your Bitcoin forever, you'll definitely have to spend it someday, so why not???

It's your sweat so enjoy it..
But spend wisely


Title: Re: Do you feel bad while paying with BTC?
Post by: LittleBitFunny on March 26, 2023, 07:37:28 AM
Yeah sorry, I forgot that he spent THAT much. I asked because the problem is mostly psychological. Because when you think about it, spending bitcoin is the SAME as spending stables because you paying the SAME price. But still, for me, it's psychologically harder to spend bitcoins.

If you don't want to end up like him and believe that the real value of Bitcoin (BTC) is even eg $500K, you can spend nothing with Bitcoin (BTC), just use stablecoins like USDT, BUSD and other stablecoins. As simple as that, mate. So, I think we have the conclusion here, you have the choice not to or use Bitcoin (BTC) in the transaction you want to make, the decision is all yours.

Yes, it's our decision, no one is forcing us to do it, if we feel uncomfortable, we shouldn't do it. But if OP is talking about emergencies and spending bitcoins as a last resort, it's not a big deal because bitcoin has also helped us with problems in life. I also don't like spending bitcoins on daily activities, but in case of an emergency and the middle of a choice, I wouldn't hesitate to use my bitcoins. There are more important things than bitcoin in this life.


Title: Re: Do you feel bad while paying with BTC?
Post by: hZti on March 26, 2023, 08:38:17 AM
Yeah sorry, I forgot that he spent THAT much. I asked because the problem is mostly psychological. Because when you think about it, spending bitcoin is the SAME as spending stables because you paying the SAME price. But still, for me, it's psychologically harder to spend bitcoins.

If you don't want to end up like him and believe that the real value of Bitcoin (BTC) is even eg $500K, you can spend nothing with Bitcoin (BTC), just use stablecoins like USDT, BUSD and other stablecoins. As simple as that, mate. So, I think we have the conclusion here, you have the choice not to or use Bitcoin (BTC) in the transaction you want to make, the decision is all yours.

Nah that’s not the right solution to that, because Bitcoin needs Bitcoin acceptance to be useful. If you create an acceptance for USDT you just create an acceptance for yet another manipulated shitcoin that will definitely at some point implode at some point and remove all the process. Would be the same if you create DOGE acceptance and other stuff like that. Looks good but has no value long term.


Title: Re: Do you feel bad while paying with BTC?
Post by: Nrcewker on March 26, 2023, 08:50:17 AM
Only pay with bitcoins if there are no alternatives or choices. Bitcoins are limited in number, so they are very valuable. Now if you giveaway these bitcoins like this to everyone, you will definitely miss the opportunity to sell the coins at a comparatively high price. I really feel bad when I don’t have any other options other than Bitcoins to make the payment, and then suddenly the price of the coin increases. I often regret my decisions, and I have finally made up my mind that I will try to avoid as many Bitcoin transactions as possible. This is my feeling when I spend bitcoins unnecessarily.


Title: Re: Do you feel bad while paying with BTC?
Post by: fuguebtc on March 26, 2023, 08:52:14 AM
For those who consider bitcoin as an investment, spending bitcoin is uncomfortable and wasteful because they believe the value of bitcoin will be huge in the future. But there are also people who only see bitcoin as a currency, a means of payment, spending bitcoin with them is normal because it will contribute to promoting bitcoin to become more popular. Bitcoin is very versatile, so it depends on the purpose of each person we use it. I also rarely use bitcoin to pay, but using it in cases of need is not a problem because I can buy it back later.
It will only reduce the number of bitcoins if they use bitcoin as a means of payment.
Besides that, with the current situation and conditions where not many countries accept bitcoin as a means of payment, it would be better if we used bitcoin as an investment tool first.
After bitcoin can be accepted as legal tender in all countries, we can use it or choose fiat.
And for now, I think that it's better if I just keep the bitcoin because there is very high upside potential for the bitcoin price.

Legally, I don't want to spread Fuds or have pessimistic thoughts. But I doubt that bitcoin will be accepted for legal tender in all countries, I never thought that would happen. For countries with developed economies like the US or EU that have stable currencies, there's no reason they should accept a currency they can't control. It's not in their favour, so that possibility is improbable. In the future, I predict bitcoin will be classified as an asset class like gold and will become the reserve asset of countries. Therefore, we should accumulate and hold bitcoins from now on when their value has not reached its real value.


Title: Re: Do you feel bad while paying with BTC?
Post by: KaliLinux on March 26, 2023, 09:01:04 AM
30+ Bitcoins? who's him? I think you're refer to Laszlo Hanyecz where he spend 10,000 Bitcoins for 2 pizza and he was not disappointed for doing it, so why you should care with it?

It's your choice if you want to pay with BTC or not, but I believe there's a time where you will convert your Bitcoin to cash because you will need that money in the future, you can't just hold it and not enjoy what you've accumulated so long.
I agree with you. It wouldn't matter whether you spend your Bitcoin directly on whatever you wanted to pay for or you decide to convert to cash and still spend it as fiat, either way, you are still spending it. I don't think this kind of sentiment should be attached to Bitcoin spending because we however know that you cannot hold them forever you still have to spend them one way or the other.


Title: Re: Do you feel bad while paying with BTC?
Post by: Luzin on March 26, 2023, 09:06:19 AM
Only pay with bitcoins if there are no alternatives or choices. Bitcoins are limited in number, so they are very valuable. Now if you giveaway these bitcoins like this to everyone, you will definitely miss the opportunity to sell the coins at a comparatively high price. I really feel bad when I don’t have any other options other than Bitcoins to make the payment, and then suddenly the price of the coin increases. I often regret my decisions, and I have finally made up my mind that I will try to avoid as many Bitcoin transactions as possible. This is my feeling when I spend bitcoins unnecessarily.

Sure, I made BTC like the savings of the future. I will not reduce unless the need is urgent and have no other options. So I try to store BTC and even want to always increase the amount.
Indeed, in the previous period I had made BTC into fiat money for the birth of my child. I fulfilled all my child's birth needs through BTC. No regrets. But that's because I had to do that, because I didn't have enough money at the time. But it made me eager to collect more BTC again.


Title: Re: Do you feel bad while paying with BTC?
Post by: SirLancelot on March 26, 2023, 07:20:44 PM
That’s because most people in the bitcoin community see bitcoin as a store value and do not like to use bitcoin as a currency. Spending bitcoins on stuff like groceries and gadgets feels like a waste of investment to many bitcoiners, which is kind of strange to admit considering that we like to talk about how bitcoin is going to replace fiat. I believe the story you’re referring to is Laszlo pizza story. FYI that will forever be remembered in bitcoin history.
They invest in Bitcoin because of the profit and they will still use the profit to buy or pay something. This isn't different than using Bitcoin directly. They can in fact save time and fees if they do it than converting their Bitcoins first. When they convert or sell their Bitcoins, the same doubt can still be experienced if one is overthinking that what if it became really expensive one day?

If BTC became a replacement to fiat, these people won't have a choice anymore to use their Bitcoin but I doubt it will happen. BTC isn't that good in the eyes of the government/banks and there are many things that could go wrong if there are no more local currencies.


Title: Re: Do you feel bad while paying with BTC?
Post by: indah rezqi on March 26, 2023, 07:51:27 PM
Yes, it's our decision, no one is forcing us to do it, if we feel uncomfortable, we shouldn't do it. But if OP is talking about emergencies and spending bitcoins as a last resort, it's not a big deal because bitcoin has also helped us with problems in life. I also don't like spending bitcoins on daily activities, but in case of an emergency and the middle of a choice, I wouldn't hesitate to use my bitcoins. There are more important things than bitcoin in this life.
In an emergency or not, bitcoin is an alternative that anyone can use as a means of payment. An agreement is needed between the recipient and the sender regarding the means of payment, if both agree then the transaction is safe without any problems.

I also wouldn't spend bitcoin as a means of payment for anything, it's against the rules of my country. But that doesn't mean I don't support bitcoin as a currency, and it's possible that I'll spend bitcoins to pay if the seller accepts them as a means of payment in a pinch. The main problem right now is, bitcoin adoption cannot be done here because of the government's ban.


Title: Re: Do you feel bad while paying with BTC?
Post by: The Cryptovator on March 26, 2023, 08:04:16 PM
I can understand the emotions that arise when spending Bitcoin directly. However, it is important to remember that Bitcoin is meant for peer-to-peer transactions and can be used whenever needed. At times, I sell Bitcoin to meet my needs when there are no other options available. This is not a bad thing as it helps me in my daily life. However, I always try to avoid making large purchases as I do not want to lose a significant portion of my Bitcoin portfolio. For smaller transactions, using Bitcoin does not matter to me, and I certainly make use of it.


Title: Re: Do you feel bad while paying with BTC?
Post by: danadc on March 26, 2023, 08:09:15 PM
Yes, it's our decision, no one is forcing us to do it, if we feel uncomfortable, we shouldn't do it. But if OP is talking about emergencies and spending bitcoins as a last resort, it's not a big deal because bitcoin has also helped us with problems in life. I also don't like spending bitcoins on daily activities, but in case of an emergency and the middle of a choice, I wouldn't hesitate to use my bitcoins. There are more important things than bitcoin in this life.
In an emergency or not, bitcoin is an alternative that anyone can use as a means of payment. An agreement is needed between the recipient and the sender regarding the means of payment, if both agree then the transaction is safe without any problems.

I also wouldn't spend bitcoin as a means of payment for anything, it's against the rules of my country. But that doesn't mean I don't support bitcoin as a currency, and it's possible that I'll spend bitcoins to pay if the seller accepts them as a means of payment in a pinch. The main problem right now is, bitcoin adoption cannot be done here because of the government's ban.
At this point in life I would like to pay only with fiat money because bitcoin is better to have it saved,it is safer because it is the best investment in the world, I do not see a bad thing in spending and paying for it with bitcoin because it encourages all adoption and it makes people interact more with bitcoin,but I feel that I know a lot about bitcoin and for that reason I try to save money,because I know that the scope can be Monumental and since knowledge is everything for a reason I say that the best thing is have it like this.


Title: Re: Do you feel bad while paying with BTC?
Post by: Obari on March 26, 2023, 08:24:59 PM
With this mentality, I don't think you will ever have to sell your coin and I basically think the right idea is that, it is ok to sell ones coin if there is a profit on it and what really matter s is that we're not making loss but profit rather and one of the major reason I don't feel ok selling my BTC is the transaction fee and thank God for lightening network, except that, I don't see any reasons to make payments using Bitcoin for transactions.
I also agree with OP as I also have to swap my BTC to usdt before making payments or sending crypto just to cut cost on fees.


Title: Re: Do you feel bad while paying with BTC?
Post by: Bananington on March 26, 2023, 09:08:35 PM
You will feel better if you use bitcoins more for transactions when necessary. You will be crucified by your thinking for doing a transaction with bitcoins because you are not used to it and most likely just invest in bitcoins to make profit from increase in value. Inasmuch as we do not spend more bitcoins than we are keeping, we do not have a problem using bitcoins once in a while to pay for some things. Bitcoin is underutilized to many people who never use it for transactions but only to invest in. The people who are properly using bitcoins are the people who use it for transactions and still invest in it.


Title: Re: Do you feel bad while paying with BTC?
Post by: blockman on March 26, 2023, 09:16:44 PM
Don't feel any guilt when you're spending it on something important. Money is made to be spent and just like bitcoin. But it's different this time on bitcoin because we can use it as an investment. The time will come when we have to spend or sell our bitcoins and that's okay. As long as you're mind is telling you that you've got the thing you desire in exchange for it for your satisfaction then that's good. It's inevitable that the time will come when we need to spend bitcoin and that's the actual use case of it for buying things and paying for them. Before I felt bad because I'm seeing it as an investment but until I realize that it was okay and that I'm helping the ecosystem of it through spending and using it, it made me relief.


Title: Re: Do you feel bad while paying with BTC?
Post by: bitzizzix on March 27, 2023, 12:41:08 AM
I think if there are circumstances that require you to pay using bitcoins, I think that's fine. And what we have to realize besides bitcoin being a good investment, bitcoin can also be an alternative payment if we really have to use it for some reason.
and I have also used bitcoin as a means of payment, for some reason and indeed at that time I had to pay using bitcoin and I was happy, because it was the first time doing it.


Title: Re: Do you feel bad while paying with BTC?
Post by: GreatArkansas on March 27, 2023, 01:15:55 AM
(....)
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
You should consider what is your goal and why you are holding or storing or accumulating Bitcoins.
If you buy some Bitcoins and spend them in your daily lives, then don't mind how much is the price of the Bitcoin on the time you spend them on your daily activities.
I think that's why it seems you are disappointed about the pizza guy before because instead of spending those Bitcoins he should have held. No one knows where Bitcoin will go before.


Title: Re: Do you feel bad while paying with BTC?
Post by: ilovealtcoins on March 27, 2023, 05:28:00 AM
I think if there are circumstances that require you to pay using bitcoins, I think that's fine. And what we have to realize besides bitcoin being a good investment, bitcoin can also be an alternative payment if we really have to use it for some reason.
and I have also used bitcoin as a means of payment, for some reason and indeed at that time I had to pay using bitcoin and I was happy, because it was the first time doing it.

It was really an enjoyable experience, and we should be happy instead of feeling bad. But I will feel bad if I use too much bitcoin for unnecessary payments because accumulating bitcoins every day is difficult when the price increases. I still prefer accumulating bitcoins rather than spending more, and I agree with OP, we will regret it when bitcoins are worth many times more than they are now.


Title: Re: Do you feel bad while paying with BTC?
Post by: Godlovesyou on March 27, 2023, 05:40:35 AM
Paying with bitcoin is not bad, you only need to be calculative on the kind of products you're paying for that may or may not required huge units of bitcoins. Personally I can if what am buying is small so that I won't feel regrets when the price finally goes up.

But so people may decides not to use bitcoins to buy anything because they feels that's more of their future investment and it will look like transferring your future to someone else. Is some worth personal


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on March 27, 2023, 10:50:51 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Bitcoin was designed to be "digital cash", not "digital Gold" or a "store of value". After all, the whitepaper reads "Peer to Peer Electronic Cash". It's just that most people view Bitcoin as an investment tool to get rich, instead of using it as real money to pay for goods and services. Market volatility would be a reason of concern to people who rely on Bitcoin as a store of value. If you don't care about Fiat, and only "stick" to Bitcoin, then you will understand that 1 BTC = 1 BTC no matter what. Otherwise, stablecoins and Fiat would be your only choice.

No one knows how much BTC will be worth in the future because of its unpredictable nature. As long as it does the job it's supposed to, nothing else matters. Just my thoughts ;D


Title: Re: Do you feel bad while paying with BTC?
Post by: FahriZah on March 27, 2023, 05:44:17 PM
Since 2015 Or 2016 Actually I Have Many More Bitcoin But At The Time I Don,t Understanding About Bitcoin Properly When 1 Bitcoin $750 And Maximum 1 BITCOIN $800 Than I Din,t Know How It’s Working In Future Bitcoin But Today Upsetting Like Not Hold And Crying Now Like This Than Felling Veey Bad For Paying With BTC.


Title: Re: Do you feel bad while paying with BTC?
Post by: bounceback on March 27, 2023, 07:00:05 PM
-snip-
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
For me, as long as I still have stablecoins or fiat currency, I will not plan to spend bitcoins because if the bitcoin price goes up, of course we will regret spending bitcoins, let alone spend it when the price is down, currently the bitcoin price is at the level of $ 27,124k , so if for example you want to make a payment of $ 100 using bitcoin then we will spend BTC0.0037 imagine when the price of bitcoin rises x2 means we have missed the opportunity to get $ 100 also from the total amount of bitcoin we spend.


Title: Re: Do you feel bad while paying with BTC?
Post by: tjtonmoy on March 27, 2023, 07:06:12 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

You are selling your BTC in order to obtain stablecoin, right? So if you are paying with BTC, what't the different?
If you are holding for a long time and faced a bear market as we are facing now, then I think you have the right to feel bad for it. Although, if you are in need of money and you can't obtain it without converting your BTC or paying with it, then I guess there's not much to say about it. All I can say is, DCA after you used your BTC. Try to regain your former amount by trading or investing at DIP.
Another thing is that, you need to keep one portion of your holdings separately just for payments. Think of it like fiat money. If you hold fiat money, it doesn't increase in value. Or, as you said already in the OP, keep them converted into stablecoins.


Title: Re: Do you feel bad while paying with BTC?
Post by: Vaskiy on March 27, 2023, 07:06:53 PM
-snip-
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
For me, as long as I still have stablecoins or fiat currency, I will not plan to spend bitcoins because if the bitcoin price goes up, of course we will regret spending bitcoins, let alone spend it when the price is down, currently the bitcoin price is at the level of $ 27,124k , so if for example you want to make a payment of $ 100 using bitcoin then we will spend BTC0.0037 imagine when the price of bitcoin rises x2 means we have missed the opportunity to get $ 100 also from the total amount of bitcoin we spend.
This is how most of the people think and end up without spending. More we spend more will be the circulation of bitcoin and the real-time usage will be high all around. Only through this it is possible to make the dream for which Satoshi innovated bitcoin. Everything have got certain time period for transition. It took years for bitcoin to have its increased usage on investment and real-time needs. Earlier it was much used on dark web and gambling. Along with the transition of bitcoin, people will also understand the need and start spending


Title: Re: Do you feel bad while paying with BTC?
Post by: deathcode on March 27, 2023, 08:18:48 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

The case experienced by the man who bought pizza with Bitcoin was because he did not fully know if Bitcoin would have the high value it has today.
Of course I or even all of us will feel bad if we pay for something that is not very important with Bitcoin at this time, because we are aware and know what the potential of Bitcoin is like.
It's natural that we will feel bad because we really appreciate our efforts behind the Bitcoin that we have, we are really struggling to get Bitcoin by doing various ways.
But if we spend our Bitcoins to buy something that is useful for us why feel bad, one day we will definitely enjoy the results of selling our Bitcoins, right? It is impossible to keep our Bitcoin forever and not sell our Bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: Kasabus on March 27, 2023, 10:21:10 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Even myself, I always have this feeling that if I spend my btc at the moment, I will never get the chance to be more profitable in the future knowing that bitcoin price will certainly grow in time. But if the situation needs my btc so badly, of course I will never hesitate to sell and spend it. But as much as I can, I always spend my fiat first and maybe if the amount is not sufficient, then that’s the time to spend a little amount of my btc as well.


Title: Re: Do you feel bad while paying with BTC?
Post by: Prince Malik on March 28, 2023, 12:07:38 AM
Things are completely different now because Bitcoin have very large market cap comparable to the past when the guy bought pizza for Bitcoin, you can be sure that this will not happen again for you because Bitcoin price will not move the same way it moved from 2009 to now, so you must be comfortable while paying in btc in my opinion, nothing wrong with this


Title: Re: Do you feel bad while paying with BTC?
Post by: pixie85 on March 28, 2023, 12:12:32 AM
Things are completely different now because Bitcoin have very large market cap comparable to the past when the guy bought pizza for Bitcoin, you can be sure that this will not happen again for you because Bitcoin price will not move the same way it moved from 2009 to now, so you must be comfortable while paying in btc in my opinion, nothing wrong with this

It can still grow 10x from here so I can understand people who feel bad spending bitcoin. There's nothing similar in fiat. Fiat money will lose value over time so if you spend your $ to buy a house and it doesn't burn down or get flooded, in 10 years you'll hold the same or greater value. If you spend bitcoin on that house you will hold much smaller value in 10 years as this will take 2 halvings. It's fairly impossible for bitcoin to be worth what it is today after two 4 year cycles.

I usually spend on essentials so I can always say that I really needed to buy this or that thing. My conscience is clear.


Title: Re: Do you feel bad while paying with BTC?
Post by: moneystery on March 28, 2023, 01:08:58 AM
True, sometimes I am also very unwilling to exchange the Bitcoins I have into fiat, like what I did was wrong, but I have no other choice, because most of my assets are in the form of Bitcoins and whenever I really need money I will exchange them. But if I have stablecoins, I usually prefer to pay using stablecoins, and if I have extra money I will usually invest it back into Bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: Vaculin on March 28, 2023, 01:24:59 AM
I understand your feeling and it's good since you might be careful, sensitive and know the value of Bitcoin as an asset. Well, this shouldn't still stop you from spending your coin as it's not only about investment. Just be sure that you have a sizable amount still left in your wallet for the investment, you should not deprive yourself of good things in life because of it.

That said, you need to be patient and speculative, this is by knowing when Bitcoin is on the beraish trend. Spending it at that time will never be an issue, you can as well replenish back your coin when it's becoming bullish again.
Let’s not forget that bitcoin is design to be a currency, and not just a sole investment. But because hodling bitcoin is still risky and requires more our patience and determination, maybe spending it could mean a little bad on ourselves but if we only spend those bitcoin for the realization of our dreams, I guess there’s nothing to regret on spending our bitcoin. We just have to wait for another perfect market entry and just buy back again and hold. At least, we never spend at a loss, but certainly on our utmost benefits.


Title: Re: Do you feel bad while paying with BTC?
Post by: balotelli on March 28, 2023, 02:21:38 AM
The current issue with BTC is high transaction fees, so I rarely use BTC for payments, I usually use LTC or USDT with very low fees below 1$.


Title: Re: Do you feel bad while paying with BTC?
Post by: Questat on March 28, 2023, 10:10:48 PM
True, sometimes I am also very unwilling to exchange the Bitcoins I have into fiat, like what I did was wrong, but I have no other choice, because most of my assets are in the form of Bitcoins and whenever I really need money I will exchange them. But if I have stablecoins, I usually prefer to pay using stablecoins, and if I have extra money I will usually invest it back into Bitcoin.
This means that all of our major transactions are still reliant on fiat. We always think about the future value of Bitcoin which makes us uncomfortable spending it but instead, we use to convert it into fiat money which is just the same. We just realized that we are not yet ready for the said adoption because internally, we are not prepared. In reality, people had come to the crypto world not because they want to buy Bitcoin and use it for payment but rather because they come here solely for investment purposes.


Title: Re: Do you feel bad while paying with BTC?
Post by: Quidat on March 28, 2023, 10:18:25 PM
The current issue with BTC is high transaction fees, so I rarely use BTC for payments, I usually use LTC or USDT with very low fees below 1$.
How much more if there would be some network congestion? For sure you would definitely be that amazed on how high  transaction would be on Bitcoin.This is the main problem i do
only see on Bitcoin which into its scability issue and this is why we do have other solution which is to make use of altcoins or simply with USDT. Speaking about paying with Bitcoin
then just like yours on which i dont tend to make use of it but rather saving it up because we know the potential price increase that it could give out
on near future. We arent blind not to see its potential and of course we are saving up for long term.


Title: Re: Do you feel bad while paying with BTC?
Post by: Cyber_warrior on March 29, 2023, 12:02:12 AM
Things are completely different now because Bitcoin have very large market cap comparable to the past when the guy bought pizza for Bitcoin, you can be sure that this will not happen again for you because Bitcoin price will not move the same way it moved from 2009 to now, so you must be comfortable while paying in btc in my opinion, nothing wrong with this
I don’t know how sure are you that bitcoin price will not move the same way it moves in previous years? To be honest with you, am still expecting bitcoin to perform well more than the previous years because bitcoin adoption increasing daily, more people are getting to know about bitcoin and they are investing in bitcoin, because bitcoin price is down now those not mean bitcoin won’t pump again, let’s just wait for bull run to start and see, I can’t even image what bitcoin price will be in the next 10 years, but we should  all spend our bitcoin whenever we know we can spend it, that will still help in bitcoin adoption and enlightenment.


Title: Re: Do you feel bad while paying with BTC?
Post by: Bazzu on March 29, 2023, 12:31:38 AM
the uncomfortable feeling of making payments using btc, I think it's a natural thing because it's rare for people to do this, but if one day many people have done this, surely you won't feel worried about using bitcoin as a means of payment.

In my opinion, the most important thing from investing in bitcoin is to benefit from investing in bitcoin.
the problem of payment methods using btc is a recent affair, the most important thing is to get benefits from investing in bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: Bitcoin_people on March 29, 2023, 12:46:30 AM
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
First of all, Bitcoin national Pizza Day is celebrated around the world on May 22. And the person who bought the pizza with Bitcoin is Laszlo Hanyecz. But you said the guy spent 30+ bitcoins to buy pizza but I know Laszlo Hanyecz bought pizza with 10000 bitcoins. Back then 10000 bitcoins were worth only $41 dollars. But he may not have known that the price of Bitcoin would rise so much. If he had envisioned the future of Bitcoin, the man would not have bought pizza with Bitcoin.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
If I am interested in buying a product with virtual currency, I will definitely buy it with Stubblecoin. Because we all know that the price of Bitcoin will go higher at some point. But Laszlo Hanyecz may not have imagined that the value of Bitcoin would rise so much at one time, otherwise he would not have bought pizza with Bitcoin. But I will never try to buy goods with my Bitcoin because I will try to hold it for a long time. My guess is that if I buy products with bitcoins, if the value of bitcoins increases later, I won't have any money to invest in bitcoins later. So I will always try to hold on to bitcoins and if I want to purchase any product Virtual I will definitely buy it with stablecoins.


Title: Re: Do you feel bad while paying with BTC?
Post by: Stella Mese on March 29, 2023, 01:18:38 AM
bitcoin is a digital currency, of course you don't need to worry and worry about making payment methods using bitcoin, because the most important thing is that there are people who want to accept payments using bitcoin.
even in my opinion if you make buying and selling transactions using bitcoin as a means of payment, in my opinion it is a good step, namely so that more and more people want to adopt bitcoin.

but the decision is yours, so I think enjoy your life don't think too much about it.

but there are indeed many of us who use BTC only as an investment asset, not for a payment method. so the decision is in the hands of each.

but if the government in your country prohibits payment systems using bitcoin, it's better to follow government regulations to make it safer.


Title: Re: Do you feel bad while paying with BTC?
Post by: awik p on March 29, 2023, 03:34:29 AM
The current issue with BTC is high transaction fees, so I rarely use BTC for payments, I usually use LTC or USDT with very low fees below 1$.
How much more if there would be some network congestion? For sure you would definitely be that amazed on how high  transaction would be on Bitcoin.This is the main problem i do
only see on Bitcoin which into its scability issue and this is why we do have other solution which is to make use of altcoins or simply with USDT. Speaking about paying with Bitcoin
then just like yours on which i dont tend to make use of it but rather saving it up because we know the potential price increase that it could give out
on near future. We arent blind not to see its potential and of course we are saving up for long term.
the main thing I feel when paying using bitcoin is to feel sorry because of the nature of bitcoin which I tend to function as a tool for making a profit. it's different if the price of bitcoin is high and I feel it's worth releasing maybe I can change my mind, whether I make fiat for payment or make it a stable coin first, because I'm sure that after the bullish season is over, bearish season will come


Title: Re: Do you feel bad while paying with BTC?
Post by: yudi09 on March 31, 2023, 12:47:45 PM
The current issue with BTC is high transaction fees, so I rarely use BTC for payments, I usually use LTC or USDT with very low fees below 1$.
The amount we have to spend when transacting with stable coins is relatively lower, but you also need to pay attention to other factors such as network congestion. If you decide to choose transactions with coins such as USDT or LTC because transaction fees using Bitcoin are expensive, have you ever compared the other positive effects you get when transacting with Bitcoin?

The food menu is expensive because it is definitely delicious. While the cheap food menu is still not guaranteed to taste as good as expensive food.


Title: Re: Do you feel bad while paying with BTC?
Post by: Twentyonepaylots on March 31, 2023, 01:07:00 PM
I think if you take consideration of directly using bitcoin, there is indeed some feeling of uneasiness since it is a volatile currency that any second or minute changes its value. If the value got higher, you probably feel bad spending it. If it got lower, you might feel ok since you used the value of your currency at a higher one. So, it is like a roller coaster ride since you won't really know what would happen next. So, when spending just be sure you are ready to feel those emotions and try to spend wisely.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on March 31, 2023, 04:46:14 PM
The current issue with BTC is high transaction fees, so I rarely use BTC for payments, I usually use LTC or USDT with very low fees below 1$.

Transaction fees are no longer an issue thanks to the inception of the Lightning Network. Merchants can accept LN payments to save fees and reduce wait times. You'd be paying in "satoshis" instead of Bitcoin directly (although satoshis are fractions of a BTC). The real issue is unstable market prices in Fiat terms. But that wouldn't be a reason of concern if you use BTC as "digital cash" regardless of its Fiat value.

Many people often view Bitcoin as an investment tool, so they panic when market prices go down for a short period of time. The only way this can be solved is if the current banking system collapses for good. Only then, the world will switch to the "Bitcoin Standard". Who knows if our dreams come true sometime in the future? Just my opinion :)


Title: Re: Do you feel bad while paying with BTC?
Post by: coinerer on March 31, 2023, 05:13:45 PM
I think if you take consideration of directly using bitcoin, there is indeed some feeling of uneasiness since it is a volatile currency that any second or minute changes its value. If the value got higher, you probably feel bad spending it. If it got lower, you might feel ok since you used the value of your currency at a higher one. So, it is like a roller coaster ride since you won't really know what would happen next. So, when spending just be sure you are ready to feel those emotions and try to spend wisely.
Yes I agree with you it works exactly like this when we use bitcoins it is currently costed at the present rate relative to the dollar but at that time we cannot fill it. But when the price of bitcoins goes up a lot we can fill it and then we regret why we spent those bitcoins at that time. For example if you notice a guy named Laszlo Hanyecz spent 10,000 bitcoins to buy only two pizzas then maybe he couldn't fill it.  Maybe he was very satisfied with it then.  But he can now fail to realize how stupid he was then by spending the bitcoins


Title: Re: Do you feel bad while paying with BTC?
Post by: piebeyb on March 31, 2023, 05:41:26 PM
that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  ;)


Title: Re: Do you feel bad while paying with BTC?
Post by: Viscore on March 31, 2023, 08:40:25 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
If you feel uncomfortable spending your btc, then just hold it. Spend it only in case of emergency or when your funds are not enough to pay so spending a portion of your btc is quite reasonable. I guess you are not alone as most of us here are still hesitant to spend our hard-earned coins but if spending could contribute to faster adoption for bitcoin, then we should ought to spend a portion of our hodlings so we can do our part too. After all, bitcoin is not just a sole investment but certainly designed to be a good currency.


Title: Re: Do you feel bad while paying with BTC?
Post by: TimeTeller on March 31, 2023, 08:47:40 PM
that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  ;)

Not everyone can hold long-term just like you as some have financial needs.
So for me, if you badly need to convert your btc to your fiat, why not?
Don't let yourself suffer with hunger or no lights just because you don't want to touch your satoshis.
You can always find a replacement for those coins, but the health and well-being, that's very important.
Remember, if you are in good health, you can always find a good job that can replenish what you've sold.


Title: Re: Do you feel bad while paying with BTC?
Post by: Sanitough on March 31, 2023, 08:52:46 PM
True, sometimes I am also very unwilling to exchange the Bitcoins I have into fiat, like what I did was wrong, but I have no other choice, because most of my assets are in the form of Bitcoins and whenever I really need money I will exchange them. But if I have stablecoins, I usually prefer to pay using stablecoins, and if I have extra money I will usually invest it back into Bitcoin.
This means that all of our major transactions are still reliant on fiat. We always think about the future value of Bitcoin which makes us uncomfortable spending it but instead, we use to convert it into fiat money which is just the same. We just realized that we are not yet ready for the said adoption because internally, we are not prepared. In reality, people had come to the crypto world not because they want to buy Bitcoin and use it for payment but rather because they come here solely for investment purposes.
Certainly, people need crypto so they can make it as an investment and when they start making profits, eventually they also use it to invest more and grow their expected profits. That’s why people crave for bitcoin, not because they want to have more funds when this bitcoin converted into fiat, but because they want to maximize their investment so that in the future when bitcoin price is at its peak, they will be able to enjoy the huge profits that bitcoin can give.


Title: Re: Do you feel bad while paying with BTC?
Post by: Botnake on March 31, 2023, 10:20:42 PM
that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  ;)
That’s why most of us here are hodling bitcoin and spending fiat, because we know the fact that bitcoin could reach at its peak price in its most unexpected time. And because we don’t want to miss that chance, we prefer to keep bitcoin as a long term investment rather than to use it as a currency. However, I don’t see wrong with that as everyone here as it’s own time preference when to sell, but if we can also spend a portion of bitcoin to fulfill our needs, for me that’s not bad though as we opt to enjoy the fruit of what we had been working for long.


Title: Re: Do you feel bad while paying with BTC?
Post by: serjent05 on March 31, 2023, 10:33:35 PM
True, sometimes I am also very unwilling to exchange the Bitcoins I have into fiat, like what I did was wrong, but I have no other choice, because most of my assets are in the form of Bitcoins and whenever I really need money I will exchange them. But if I have stablecoins, I usually prefer to pay using stablecoins, and if I have extra money I will usually invest it back into Bitcoin.
This means that all of our major transactions are still reliant on fiat. We always think about the future value of Bitcoin which makes us uncomfortable spending it but instead, we use to convert it into fiat money which is just the same. We just realized that we are not yet ready for the said adoption because internally, we are not prepared. In reality, people had come to the crypto world not because they want to buy Bitcoin and use it for payment but rather because they come here solely for investment purposes.

Just turn off the greediness within us and we will find spending BTC to pay for our purchases satisfying.  I am not saying stop accumulating Bitcoin, but if we happen to spend Bitcoin because our funds is in it, then we should accept it wholeheartedly in order to live a happy and peaceful life.

We cannot have peace if greed engulfs us.  So better let go of the regrets of the past Bitcoin expenses.  if we feel bad spending Bitcoin then we must not use Bitcoin as a mode of payment.


Title: Re: Do you feel bad while paying with BTC?
Post by: nara1892 on March 31, 2023, 11:15:08 PM
Actually, for conditions like this, I think it depends on you whether you really want to do something like this or not, because there are many people who do it now, although it's not uncommon for people to regret their assets, in this case bitcoin, to spend.
But I think I'll also be in the second bracket for now nor would I really intend to do something like that and would rather have paper or fiat money to spend over bitcoins. Even though it's like that eventually I too will do at least 1 or 2 times just to try to do the thing.


Title: Re: Do you feel bad while paying with BTC?
Post by: DoublerHunter on March 31, 2023, 11:17:25 PM
that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  ;)
That’s why most of us here are hodling bitcoin and spending fiat, because we know the fact that bitcoin could reach at its peak price in its most unexpected time. And because we don’t want to miss that chance, we prefer to keep bitcoin as a long term investment rather than to use it as a currency. However, I don’t see wrong with that as everyone here as it’s own time preference when to sell, but if we can also spend a portion of bitcoin to fulfill our needs, for me that’s not bad though as we opt to enjoy the fruit of what we had been working for long.
^Definitely right and also there is nothing wrong with using BTC to fulfill your immediate needs and enjoy the benefits of your hard work. It is all about finding a balance between holding onto your investment for the long term and using it to enhance your current lifestyle. Because for me, I will not hesitate to use my BTC if I am badly needed on it, at least it fulfills when the time I needed it. That is the purpose of BTC and the reason it was created, to become an alternate payment in fiat but people see an opportunity to make a profit by holding its value on it.


Title: Re: Do you feel bad while paying with BTC?
Post by: Finestream on April 01, 2023, 01:40:19 AM
that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  ;)
I am also in the same shoes right now. I know how bitcoin started from a scratch until it reaches its present market value that’s why i also intend to keep my bitcoin as much as I can until I’ll achieve my goal price. I don’t want to live regretting wishing if only I didn’t spend my bitcoin earlier. Good thing I still have enough fiat to spend for now, that’s giving me an advantage to focus on bitcoin as my long term investment, and maybe only spend when the price is right.


Title: Re: Do you feel bad while paying with BTC?
Post by: laurenB7742 on April 01, 2023, 02:32:03 AM
... But he can now fail to realize how stupid he was then by spending the bitcoins

Why is it stupid for someone to use bitcoin? Bitcoin is not money? and money is to serve us. If you are sure that bitcoin will give you profit and no risk, I think you should sell all your house and possessions to invest in bitcoin. Because then later you will become rich and you do not need to work anymore.

Laszlo Hanyecz made history and proved to the world that Bitcoin works and has value, he has no regrets. I bet you, if you were at that point, you wouldn't even dare to buy bitcoin, let alone use it. The future is unpredictable, so don't pretend to be smarter than anyone, we should be grateful to those who made history and made bitcoin what it is today.


Title: Re: Do you feel bad while paying with BTC?
Post by: LogitechMouse on April 01, 2023, 03:26:43 AM
~
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
At first, yes I felt bad, but over the years of using it to buy things, I didn't felt it anymore. I'm not directly using Bitcoins to buy things online, but I'm converting it. I mean it's the same right since it started as a Bitcoin, and then converted it.

I felt bad when I used my own Bitcoins to buy my personal computer. I think I spent around 0.09 BTC at that time, but that was around 2019 when Bitcoin's price is still 4-digits. Fast forward to today, I'm not feeling bad anymore because if I didn't bought my computer at that time, I don't have anything to use now. It wasn't only personal computer that I bought using Bitcoins. I also bought a phone with it. I'm also getting some of my Bitcoins to pay some bills in our home (thru signature campaigns). Month after month after month, I'm using Bitcoins to buy or pay things (like I said, I'm not directly using Bitcoins, but I'm converting it).

Overall, it depends on the person who has Bitcoin. If he sees Bitcoin as an asset, and believe that it will go up in the future then just hold. On the other hand, if he sees Bitcoin as a currency that we must use to pay things then just use it because after all, Bitcoin is a currency at first. As for me, I see it as both an asset and a currency that's why I'm holding Bitcoins, and at the same time spending it.


Title: Re: Do you feel bad while paying with BTC?
Post by: KiaKia on April 01, 2023, 08:28:49 AM
I'd you can't spend your Bitcoin why are you using Bitcoin? I have used Bitcoin to buy many things in my life, 80% of all my properties and belongings are from Bitcoin money, I don't feel bad about spending Bitcoin because I will get Bitcoin in another way, it's like saying you feel bad eating your favorite food when you can go out and buy that same food over and over every day or when you like, there is nothing to worry about unless you stay out of Bitcoin and decide to never get into Bitcoin again.


Title: Re: Do you feel bad while paying with BTC?
Post by: AicecreaME on April 01, 2023, 09:03:27 AM
I've never tried paying something using bitcoin because I know that it's a way of its potential at some point in the long run as of now. The profit you could gain versus fiat is incomparable, so I always prefer using fiat buying anything, less hassle and much cheaper in my opinion since bitcoin fee is gonna add up to the amount you're gonna pay for a certain product.


Title: Re: Do you feel bad while paying with BTC?
Post by: coinerer on April 01, 2023, 05:03:19 PM
... But he can now fail to realize how stupid he was then by spending the bitcoins

Why is it stupid for someone to use bitcoin? Bitcoin is not money? and money is to serve us. If you are sure that bitcoin will give you profit and no risk, I think you should sell all your house and possessions to invest in bitcoin. Because then later you will become rich and you do not need to work anymore.
Of course Bitcoin is a form of money.  And bitcoin secures our life and fulfills our need for money. But then we are stupid when we spend bitcoins in dip market even when the price is very low and after spending we don't buy them again in the dip market and hold them. Bitcoin is certainly capable of providing profits and continues to do so. Therefore, investing in Bitcoin by selling your house is not that logical.  It is true that if the business is done properly it is possible to get huge amount of profit from it.  So in this case you will sell your houe and jump into business? You must go to business according to your ability.  Bitcoin investment is also a type of business.  It is better to invest in Bitcoin according to your ability


Title: Re: Do you feel bad while paying with BTC?
Post by: Gladitorcomeback on April 01, 2023, 05:25:54 PM

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Paying with BTC is not bad option if you split btc into two parts. one parts for holding and other for spending via online transactions. unfortunately our country has not regulated Btc and crypto yet and there is no shops and service where we able to make payments through Btc.

Stable coin is Another good option for using online transactions that you mentioned because Btc price is not stable and for long term it can give you good profit if you hold tightly. By the way i am waiting to spend my first Btc transaction for online purchase and i hope our country Will adopt it soon.


Title: Re: Do you feel bad while paying with BTC?
Post by: kizlod on April 01, 2023, 05:38:33 PM
I paid with Bitcoin once, but I felt kinda bad. It was kinda necessary, but not the question of life and death. But I bought later even more BTC at a lower price, so I don't regret it at all.


Title: Re: Do you feel bad while paying with BTC?
Post by: bettercrypto on April 01, 2023, 09:32:21 PM
For now of course, knowing that bitcoin's value will increase by 100k$ each, I feel honestly speaking it is really sad to make it an online payment.

      If I have cash to buy it for now, then maybe when I have accumulated a lot of bitcoin or depending on the situation, I may as well not use bitcoin as payment because of the value it has now.


Title: Re: Do you feel bad while paying with BTC?
Post by: Mate2237 on April 01, 2023, 09:54:06 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Paying with bitcoin is the best dream everyone who uses bitcoin is hoping for.  And that can only be achieved if the country adopt bitcoin as the payment method as the Fiat. And if the gooods you want to pay with bitcoin is worth amount with your wallet funds and the seller accepts bitcoin directly to her or she wallet account then that what we need. I will never feel bad paying with bitcoin.

Concerning the man that bought pizza with bitcoin should not be blame because the same thing is still happening in the globe. You are trying to say that the man lost a lot of money, then I also ask this question again, you bought bitcoin as the rate 4$ and bitcoin came down to 15$ and you have a urgent need to settle, and the only option is to sell the bitcoin and solve the problem. So I also see this as the same the pizza man


Title: Re: Do you feel bad while paying with BTC?
Post by: Forum_Coordinator 01 on April 01, 2023, 10:11:35 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
What system in particular are you referring to? System of government?
Quote
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
That happened a long time ago; I guess that was the first practically presided Bitcoin usage. It wasn't Worth anything more than chips and pizza way Back,. I think that was also done to clear a pathway for the P2P Trnx process which enables a greater amount of scalability today.
Quote
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
It's not even advisable to sell off your coins for the fact that the market is bad or diminished greatly; it's even advisable to buy at that point so it would carry you along to it Apex. Sounds really weird but it's even weirder if you begin to sell now at a big lost.


Title: Re: Do you feel bad while paying with BTC?
Post by: uneng on April 01, 2023, 11:11:38 PM
I've never tried paying something using bitcoin because I know that it's a way of its potential at some point in the long run as of now. The profit you could gain versus fiat is incomparable, so I always prefer using fiat buying anything, less hassle and much cheaper in my opinion since bitcoin fee is gonna add up to the amount you're gonna pay for a certain product.
To make purchases with bitcoin is only worthless if you don't replenish your portfolio from times to times, through DCA, for an example. But if you are constantly acquiring new portions of BTC, it won't be an issue to pay for goods and services with bitcoin, as it just mean you are swaping fiat into crypto to use it as money on the present moment, without prejudicing your long term profit potential.

The pizza guy who spent 30 bitcoins was mentioned, but even him shouldn't feel bad about it, because if he had 30 BTCs for a pizza, I believe he had much more for holding purposes... It wasn't spending 30 BTCs in a pizza that prevented this guy from getting millionaire through BTC and it won't be your daily purchases with BTC that will prevent you from profiting from the investment futurely.


Title: Re: Do you feel bad while paying with BTC?
Post by: AmoreJaz on April 01, 2023, 11:14:37 PM
I've never tried paying something using bitcoin because I know that it's a way of its potential at some point in the long run as of now. The profit you could gain versus fiat is incomparable, so I always prefer using fiat buying anything, less hassle and much cheaper in my opinion since bitcoin fee is gonna add up to the amount you're gonna pay for a certain product.
To make purchases with bitcoin is only worthless if you don't replenish your portfolio from times to times, through DCA, for an example. But if you are constantly acquiring new portions of BTC, it won't be an issue to pay for goods and services with bitcoin, as it just mean you are swaping fiat into crypto to use it as money on the present moment, without prejudicing your long term profit potential.

The pizza guy who spent 30 bitcoins was mentioned, but even him shouldn't feel bad about it, because if he had 30 BTCs for a pizza, I believe he had much more for holding purposes... It wasn't spending 30 BTCs in a pizza that prevented this guy from getting millionaire through BTC and it won't be your daily purchases with BTC that will prevent you from profiting from the investment futurely.

also, do remember, if you are using your satoshis to your basic needs, then for me, that's not worthless. you can always replace your used satoshis but being hungry, you couldn't replace it. your health is more important than your satoshis.
so i don't feel bad if i am converting my btc to fiat to buy food or paying my monthly bills. you can always find ways how to acquire satoshis. don't let yourself go in deep debt because you don't want to spend your satoshis. better sleep in peace rather than be stressful from the people you owed money from.


Title: Re: Do you feel bad while paying with BTC?
Post by: Supreemo on April 02, 2023, 01:50:22 AM
somehow, coz I couldn't help but think about the potential value after spending it. though we think that we are just using it as what it is supposed to play on its role, we cannot avoid thinking "if only I didn't spend it, it should have been this big $$ already". way back when I was using bitcoin to pay for bills and other stuff, my regrets isn't that great as I have right now, but somehow after having much thought, I'll just console myself saying "if I didn't used that before, I wouldn't be here where I am today".


Title: Re: Do you feel bad while paying with BTC?
Post by: Argoo on April 02, 2023, 01:57:02 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Well, your thought is not devoid of common sense. I am sure that a significant portion of the members of this forum have never made purchases with Bitcoin settlements. Indeed, why kill the goose that lays the golden eggs. And when making small household transactions, and even middle-level transactions, it is not very convenient to use bitcoin, given that it is not possible to pay with them everywhere. So far, bitcoin is more used as an investment in the hope of greater profits due to its price growth in the future, and not as a means of payment. Although this is not entirely good for the liquidity of Bitcoin itself.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on April 14, 2023, 02:02:03 PM
To make purchases with bitcoin is only worthless if you don't replenish your portfolio from times to times, through DCA, for an example. But if you are constantly acquiring new portions of BTC, it won't be an issue to pay for goods and services with bitcoin, as it just mean you are swaping fiat into crypto to use it as money on the present moment, without prejudicing your long term profit potential.

The pizza guy who spent 30 bitcoins was mentioned, but even him shouldn't feel bad about it, because if he had 30 BTCs for a pizza, I believe he had much more for holding purposes... It wasn't spending 30 BTCs in a pizza that prevented this guy from getting millionaire through BTC and it won't be your daily purchases with BTC that will prevent you from profiting from the investment futurely.

The guy who paid 30 BTC for pizza never thought the cryptocurrency would become as valuable as it is right now. He just considered Bitcoin as a currency. Not a long-term investment or a store of value. The original purpose of Bitcoin is to be used as "Peer to Peer Electronic Cash", so I don't get why people are so focused on its market price. 1 BTC = 1 BTC, right? Unfortunately, the world is reluctant to switch towards the "Bitcoin Standard", so most people will either spend or "hodl" BTC depending on current market conditions.

If you're really worried about losing purchasing power in the short term because of the volatility, then use stablecoins instead. BTC is growing in popularity each day, so it should only be a matter of time before a wide number of merchants worldwide accept it as payment method. Just my opinion :)


Title: Re: Do you feel bad while paying with BTC?
Post by: DiMarxist on April 14, 2023, 07:23:46 PM
As for me I will not do payment with BTC, that was olden day we now in modern day, because him don't know bitcoin will rise to up to this, bitcoin is a long-term holding investment, That’s why you can see most of us here are holding bitcoin and spending fiat, because we know the fact that bitcoin could reach at its peak price in its most unexpected time. And because we don’t want to miss that chance, we prefer to keep bitcoin as a long term investment rather than to use it as a currency. So far, bitcoin is more used as an investment in the hope of greater profits due to its price growth in the future, and not as a means of payment the market will remain to fluctuate and it is highly unlikely that the btc market will not be stable to function as currency.I will still use bitcoin because bitcoin can never be stable.Apart from the prospects of benefitting from bitcoins through investments, there are other uses of bitcoins that still stand out and provide massive benefits so I will not try paying something with bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: Russlenat on April 14, 2023, 09:20:15 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Now that the market is good, are you still uncomfortable spending bitcoin? I think it’s really normal to feel uneasy when you spend your bitcoin knowing it could hit its all time high in the future. But bitcoin isn’t good for hodling forever, right? You have to spend it so it can serve its purpose, and right now with the current price of btc, I think that’s not bad if you spend a portion of it. But to be honest, as long as I have enough fiat to spend, I will still continue to hold bitcoin and spare it from spending.


Title: Re: Do you feel bad while paying with BTC?
Post by: nurilham on April 14, 2023, 09:32:04 PM
Well, your thought is not devoid of common sense. I am sure that a significant portion of the members of this forum have never made purchases with Bitcoin settlements. Indeed, why kill the goose that lays the golden eggs. And when making small household transactions, and even middle-level transactions, it is not very convenient to use bitcoin, given that it is not possible to pay with them everywhere. So far, bitcoin is more used as an investment in the hope of greater profits due to its price growth in the future, and not as a means of payment. Although this is not entirely good for the liquidity of Bitcoin itself.
How do you know most forum members never used BTC for purchasing? You only speculate about this, it has no valid data about how many members use it whether for investment or purchasing. But it makes sense that most people prefer to use it as an investment because Bitcoin is still not available to use at any place.

However, I'm sure that Bitcoin may be used anywhere in the future. More country adopts it as legal tender, which means more chances for Bitcoin to be accepted as a payment tool.

https://coinmarketcap.com/legal-tender-countries/



Title: Re: Do you feel bad while paying with BTC?
Post by: DaNNy001 on April 14, 2023, 10:21:41 PM
somehow, coz I couldn't help but think about the potential value after spending it. though we think that we are just using it as what it is supposed to play on its role, we cannot avoid thinking "if only I didn't spend it, it should have been this big $$ already". way back when I was using bitcoin to pay for bills and other stuff, my regrets isn't that great as I have right now, but somehow after having much thought, I'll just console myself saying "if I didn't used that before, I wouldn't be here where I am today".
I think am with you on this mate, i actually go back and check my recent transactions which i used for payment of bills and i find out that it market value has increased and i do have a feeling of regret why i actually spent the btc but i always arrived at one defination which is that bitcoin is actually money and its only purpose is not saving but also for paying of bills.


Title: Re: Do you feel bad while paying with BTC?
Post by: Fatunad on April 14, 2023, 10:35:52 PM
somehow, coz I couldn't help but think about the potential value after spending it. though we think that we are just using it as what it is supposed to play on its role, we cannot avoid thinking "if only I didn't spend it, it should have been this big $$ already". way back when I was using bitcoin to pay for bills and other stuff, my regrets isn't that great as I have right now, but somehow after having much thought, I'll just console myself saying "if I didn't used that before, I wouldn't be here where I am today".
I think am with you on this mate, i actually go back and check my recent transactions which i used for payment of bills and i find out that it market value has increased and i do have a feeling of regret why i actually spent the btc but i always arrived at one defination which is that bitcoin is actually money and its only purpose is not saving but also for paying of bills.
When trying to look back into my previous old wallets that had been used 7-8 years ago on which i do really have that kind of regret on which i havent been able to save up those coins but instead i do
make out some active withdrawals and converting it to fiat.It did really make out that kind of regret on which i've been thinking that if ever i havent done such thing then i would consider myself to be a millionaire.
Basing up on how far the prices had able to reach out then it would really be that something that leave you in regret on what you have done in the past but well there's nothing we can do but
to make ourselves move on and proceed on what are dealing as of these days.There's no point on keeping going back with those mistakes that you have done.


Title: Re: Do you feel bad while paying with BTC?
Post by: Fivestar4everMVP on April 14, 2023, 10:37:40 PM
I've had the pleasure to spend some of my bitcoin to purchase a really good item, and trust me, I do not regret it, after all, bitcoin was created to be a currency through which people can buy and sell good s and services, eliminating the banks and preserving user privacy.

Spending bitcoin is also contributing to adoption which we all clamor for, if everybody should decide and hold their bitcoin tight, how then will the coin circulate into new hands,?
So it's nothing really to be afraid of, or feel angry about, you are also helping the bitcoin network and holders grow when goods or service are paid for in bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: samcoin on April 14, 2023, 10:43:51 PM

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

I think Bitcoin is more like a store of value now than a payment system, because fees and time of transactions can't help it to be a fast payment system, if we ignore government regulations. Indeed, when Bitcoin was invented, there weren't a lot of altcoins that have different advantages which make them a better payment system than Bitcoin. Now, we have altcoins with near to zero transaction fees, and others with very fast transactions that happen in seconds. Personally, I don't prefer spending Bitcoin buying goods or services, except in the case in which the service provider or the seller doesn't offer the option of paying with other crypto currency, so I would be forced to pay with Bitcoin. However, most services offer more than one crypto currency now, and Litecoin is a notable option in this case, as well as USDT on TRON network has low fees.


Title: Re: Do you feel bad while paying with BTC?
Post by: NicNacCoin on April 14, 2023, 11:46:12 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I never try to buy anything with Bitcoin even though I am in a lot of trouble most of the time. To date I have never paid directly with Bitcoin. Because bitcoin is not valid in my country I can never pay directly with bitcoin I pay by converting from bitcoin to my country's currency. But a few days later I was forced to sell some of my stashed bitcoins for my family needs. It felt bad to sell because I had been accumulating these bitcoins for a long time, but maybe it was the bull season and I had to sell. I got a lot of joy in spite of the hardship because I got this bitcoin help in my need.


Title: Re: Do you feel bad while paying with BTC?
Post by: panganib999 on April 14, 2023, 11:51:52 PM
It's because you see bitcoin as an asset, not as a leverage. The main reason why we're pushing for global adoption is not to make everyone an instant millionaire overnight. That just wouldn't make sense. The reason why we're doing so is because well, to offer the people a better form of currency system woth paradigms that aren't stepping on their necks.

Still, being uncomfortable with spending bitcoins isn't inherently a bad thing, it just goes to show where your priorities are in the industry.


Title: Re: Do you feel bad while paying with BTC?
Post by: Supreemo on April 15, 2023, 03:47:29 AM
It's because you see bitcoin as an asset, not as a leverage. The main reason why we're pushing for global adoption is not to make everyone an instant millionaire overnight. That just wouldn't make sense. The reason why we're doing so is because well, to offer the people a better form of currency system woth paradigms that aren't stepping on their necks.

Still, being uncomfortable with spending bitcoins isn't inherently a bad thing, it just goes to show where your priorities are in the industry.
exactly. atlhough i hate to say this but as of now it is not a bad thing to use bitcoin as a currency or for payment methods. in short, since it is still at an early age it is serving its purpose as a currency, but i know for sure when the time comes it'll be a big regret to use this a currency coz even now a lot of people are already regretting using it due to the fact that it can be a store value.


Title: Re: Do you feel bad while paying with BTC?
Post by: panganib999 on April 15, 2023, 02:44:51 PM
exactly. atlhough i hate to say this but as of now it is not a bad thing to use bitcoin as a currency or for payment methods. in short, since it is still at an early age it is serving its purpose as a currency, but i know for sure when the time comes it'll be a big regret to use this a currency coz even now a lot of people are already regretting using it due to the fact that it can be a store value.
I think you misconstrued my last post, although I wouldn't cross out your statement because well, it's not that wrong.

Let me just clear up a few things.

  • Bitcoin is not being used primarily as a currency right now, but as an asset or commodity for earning more money. Sure there are whole countries that dedicate their whole economy to using bitcoin as a form of currency but for the most part, it's being used to earn money.
  • I don't see the reason why people would regret using bitcoin to pay for stuff, like of course it's profitable when held but sooner or later you'd spend it on something anyway, why wait? The bull run? Hardly a good reason.


Title: Re: Do you feel bad while paying with BTC?
Post by: posi on April 16, 2023, 02:33:04 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I never try to buy anything with Bitcoin even though I am in a lot of trouble most of the time. To date I have never paid directly with Bitcoin. Because bitcoin is not valid in my country I can never pay directly with bitcoin I pay by converting from bitcoin to my country's currency. But a few days later I was forced to sell some of my stashed bitcoins for my family needs. It felt bad to sell because I had been accumulating these bitcoins for a long time, but maybe it was the bull season and I had to sell. I got a lot of joy in spite of the hardship because I got this bitcoin help in my need.

Honestly, I've never done that in my locality, I can't find any stores that accept or use bitcoin. Since then, I have also gotten into the habit of seeing bitcoin as an investment, a store of assets rather than a currency. What I'm doing is hoarding as many bitcoins as I can, and I don't want to spend my bitcoins even a little. But I don't see a problem with other people using their bitcoins because the real purpose bitcoin was created is to be a payment method.


Title: Re: Do you feel bad while paying with BTC?
Post by: summonerrk on April 16, 2023, 02:56:29 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Each payment of Bitcoin moves our crypto-currency world to spread and popularize.
I also don't like spending bitcoins or other cryptocurrencies to pay for anything, but there are times that you need to pay. And there is no other choice. There are all sorts of situations: you need an operation, or money to help in a desperate situation, also for food, for children.

After all, money is not the end result and it will not make us happy, but the things that we can buy with it are quite.
Don't forget about it!


Title: Re: Do you feel bad while paying with BTC?
Post by: imamusma on April 16, 2023, 03:21:00 PM
Honestly, I've never done that in my locality, I can't find any stores that accept or use bitcoin. Since then, I have also gotten into the habit of seeing bitcoin as an investment, a store of assets rather than a currency. What I'm doing is hoarding as many bitcoins as I can, and I don't want to spend my bitcoins even a little. But I don't see a problem with other people using their bitcoins because the real purpose bitcoin was created is to be a payment method.
Your experience seems to be the same as mine. Yes, bitcoin is not legal currency for me to use under the jurisdiction of my country, so of course that precludes me from using it as means of payment. But that doesn't mean I can't use it, especially between one user and another via online. It's hard to find a physical store that accepts bitcoins or I probably wouldn't find one in my country but I think we can work around it if needed.

In my opinion, legality is one that hinders the adoption of bitcoin in various countries. Of course I'm not going to put pressure on governments to legalize bitcoin as legal currency, but I tend to thank them for not banning bitcoin completely like some other countries.


Title: Re: Do you feel bad while paying with BTC?
Post by: posi on April 17, 2023, 03:24:54 AM
Honestly, I've never done that in my locality, I can't find any stores that accept or use bitcoin. Since then, I have also gotten into the habit of seeing bitcoin as an investment, a store of assets rather than a currency. What I'm doing is hoarding as many bitcoins as I can, and I don't want to spend my bitcoins even a little. But I don't see a problem with other people using their bitcoins because the real purpose bitcoin was created is to be a payment method.
... but I tend to thank them for not banning bitcoin completely like some other countries.
Agreed, although they do not yet accept bitcoin as a payment method or currency, they have also become more bitcoin-friendly in recent years. We should really be thanking them rather than going against them, I don't see any benefit in trying to go against the government. They have never been the losers in disputes with the people.
I hope in the future, they will become even more bitcoin friendly and maybe make it an additional payment method. I also wanted to experience a one-time bitcoin payment at my local store as others did.


Title: Re: Do you feel bad while paying with BTC?
Post by: nakamura12 on April 17, 2023, 03:39:23 AM
Don't be. You feel that way because you think the total amount of BTC which is paid for pizza with today's value of BTC. If you think differently where the price of BTC that day is different to this day. That time 10k BTC is worth around $40 compared to this day's BTC price so that's why the buyer didn't feel bad or disappointed. So, today if someone wants to buy pizza and they accept BTC then you won't have to pay 10k BTC just to buy pizza but rather pay BTC that is worth the pizza let's say $40 and that would be 0.0013 BTC.


Title: Re: Do you feel bad while paying with BTC?
Post by: CryptoBuds on April 17, 2023, 04:29:08 AM
Don't be. You feel that way because you think the total amount of BTC which is paid for pizza with today's value of BTC. If you think differently where the price of BTC that day is different to this day. That time 10k BTC is worth around $40 compared to this day's BTC price so that's why the buyer didn't feel bad or disappointed. So, today if someone wants to buy pizza and they accept BTC then you won't have to pay 10k BTC just to buy pizza but rather pay BTC that is worth the pizza let's say $40 and that would be 0.0013 BTC.

I am pretty sad when many people keep repeating the story of Laszlo Hanyecz when using 10 thousand BTC to buy 2 pizzas. I don't know what are they thinking? Because I bet those people that, even if they knew about bitcoin at the time, they wouldn't have dared to invest in 1 bitcoin, let alone own 10 thousand BTC. The early adopters of bitcoin made history, what they did is the foundation that we are here today, without those transactions, there wouldn't be any crypto market until now. We should show them respect and gratitude rather than mocking them.


Title: Re: Do you feel bad while paying with BTC?
Post by: DoverDoane on April 17, 2023, 04:40:56 AM
Don't be. You feel that way because you think the total amount of BTC which is paid for pizza with today's value of BTC. If you think differently where the price of BTC that day is different to this day. That time 10k BTC is worth around $40 compared to this day's BTC price so that's why the buyer didn't feel bad or disappointed. So, today if someone wants to buy pizza and they accept BTC then you won't have to pay 10k BTC just to buy pizza but rather pay BTC that is worth the pizza let's say $40 and that would be 0.0013 BTC.

For now, with the skyrocketing price of BTC, it would be very profitable to buy a pizza for just a fraction of BTC, but that only applies in developed countries where most people already understand the crypto world and have a crypto wallet on their mobile, but not so in developing countries it will be difficult. Because banknotes and credit cards are still dominantly used there, the answer will be that most people will still feel uncomfortable using BTC as a means of daily transactional payments.


Title: Re: Do you feel bad while paying with BTC?
Post by: Obito on April 17, 2023, 04:52:43 AM
Laszlo didn't expect the prices to go that far though and it's not like he wasn't doing it for nothing, iirc he did it to prove that you can use bitcoin for basic transactions not to mention that he's already part of the history of bitcoin, now the lens that we will look at it will be different but we know for a fact that he did something great. Stop dwelling too much on the thought that you spending your bitcoin and for the prices to go up after the fact is a bad thing, it's not your fault, and it's not like you know that the prices were going to go up after you've used it for some transactions.


Title: Re: Do you feel bad while paying with BTC?
Post by: S A KHAIR on April 17, 2023, 05:27:37 AM
Laszlo didn't expect the prices to go that far though and it's not like he wasn't doing it for nothing, iirc he did it to prove that you can use bitcoin for basic transactions not to mention that he's already part of the history of bitcoin, now the lens that we will look at it will be different but we know for a fact that he did something great. Stop dwelling too much on the thought that you spending your bitcoin and for the prices to go up after the fact is a bad thing, it's not your fault, and it's not like you know that the prices were going to go up after you've used it for some transactions.

No one can predict what the future will be like, even Satoshi must be surprised by the value of bitcoin today. If you can hold bitcoins for a long time that's good for you, but spending bitcoins is also good for you because it benefits you. I don't regret spending my bitcoins for life, as it is serving my life well.


Title: Re: Do you feel bad while paying with BTC?
Post by: loopes on April 17, 2023, 06:48:56 AM
Don't be. You feel that way because you think the total amount of BTC which is paid for pizza with today's value of BTC. If you think differently where the price of BTC that day is different to this day. That time 10k BTC is worth around $40 compared to this day's BTC price so that's why the buyer didn't feel bad or disappointed. So, today if someone wants to buy pizza and they accept BTC then you won't have to pay 10k BTC just to buy pizza but rather pay BTC that is worth the pizza let's say $40 and that would be 0.0013 BTC.

I am pretty sad when many people keep repeating the story of Laszlo Hanyecz when using 10 thousand BTC to buy 2 pizzas. I don't know what are they thinking? Because I bet those people that, even if they knew about bitcoin at the time, they wouldn't have dared to invest in 1 bitcoin, let alone own 10 thousand BTC. The early adopters of bitcoin made history, what they did is the foundation that we are here today, without those transactions, there wouldn't be any crypto market until now. We should show them respect and gratitude rather than mocking them.
actually, every one has their own choices with different reasons to use bitcoin as daily use payment. In my point of view, i choose to store bitcoin in my wallet (holding) and some of my bitcoin to be traded on short trading, then after i get some profit i usually withdrew the bitcoin to my fiat before use it for payment on daily purchasing.

Nothing wrong with laszlo that he bought pizza for 10.000 btc, it was his choice to do it. No one knows exactly what will happen in the future including the price of bitcoin will rise or drop.


Title: Re: Do you feel bad while paying with BTC?
Post by: Faisal2202 on April 17, 2023, 06:51:31 AM
I always remember the guy who spent 30+ bitcoins on pizza

What are your thoughts about this?
I think you are talking about Laszlo Hanyecz, he did not sold 30+ BTC to buy two pizza actually he sold 10,000 BTC to buy 2 pizza. I want to shed some more light on this for your understanding, he made an offer to sell his 10k BTC for 2 pizzas on this Forum (bitcointalk)! Isn't it awesome. Here (https://bitcointalk.org/index.php?topic=5446817.msg62000869#msg62000869). Now coming to your query, if you have such big amount of BTC in your hands then i prefer to not use them for daily expenses. Because in this way you can not make big money but if you have some 0.004 or 0.0004 BTC than My friend do not worry about your future because this amount ain't going to bright it up. Hehe

(No offense) Actually, back in 2010 the price of these 10,000 btc were around $40 dollars and if we buy $40 dollars of BTC today you will get around 0.0013 maybe. To make big money like Laszlo Hanyecz could have made, you need pile of BTC not small amounts. But, if you do have pile of Bitcoins than my advice for you to, not use them.

For myself, i have few dollars in BTC and i do not even want to change them in fiat even though i know at most, if the BTC hit $100,000, i  will make around $450-$480 dollars in profit. That's not a good profit for such a big timespan but something is better from nothing.


Title: Re: Do you feel bad while paying with BTC?
Post by: Mauser on April 17, 2023, 06:53:04 AM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

I feel very similar to you about paying online with BTC. Due to the high volatility in the Bitcoin market I try to avoid using my precious coins as much as possible. When I first started out with Bitcoins I used them for all my purchases. That was probably my biggest investing mistake, I wish I would have held all my coins and paid in Fiat or stablecoins instead. The problem with paying in Bitcoins when the price is at 10 or 20,000 USD is that you will feel bad once the price rises. The same goes for using my bitcoins for gambling, I don't really deposit money anymore with BTC. In the past I also used crypto coins to deposit money quickly at the casino, but now I prefer to stick to using Fiat money to deposit and withdraw in crypto currencies.


Title: Re: Do you feel bad while paying with BTC?
Post by: Patrol69 on April 17, 2023, 08:55:51 AM
The person who bought only one pizza with a large amount of bitcoins because bitcoins had no value in the market at that time and the person did not know that the value of a bitcoin could increase so much later. If he had the slightest idea about it, he would never have done such a thing. His transaction is still in history. 

But you make a valid point here. You mean,
"we are transacting through Bitcoin in our daily life so we are paying more than the fixed price". Because we are currently trading according to the market price of Bitcoin. When the value of these bitcoins increases, we may regret it like the person who bought a pizza with a large amount of bitcoins. 

So we should be careful about this in advance. We can hold the amount of bitcoins we have for a certain period of time.  And daily necessary transactions we can do with different stable coins. So that the profit remains with us if the value of Bitcoin increases later.


Title: Re: Do you feel bad while paying with BTC?
Post by: Ojima-ojo on April 17, 2023, 09:04:28 AM
Bitcoin for payments is one of the primary functions why Satoshi develop Bitcoin in the first place, this is included in the Bitcoin whitepaper was Satoshi mentioned Bitcoin to be an electronic online payment which is why we advocate for Bitcoin-wide adoption.


I understand your feelings, concerning paying with Bitcoin this is because you are an inventor and that investor mindset has made it easy for you to spend more fait and stocking of Bitcoin for future gains.


Title: Re: Do you feel bad while paying with BTC?
Post by: bakasabo on April 17, 2023, 11:59:56 AM
OP, it depends on your goals and the type of investor you are. I you feel bad for paying in Bitcoin, because you regret missing a chance to pay lower in future or sell those Bitcoin for a higher price, then welcome to complete holders club. But my advice would ne to stop regretting of feeling bad for things you did (if we talk about good deeds and non criminal). Feel shame, bad, uncomfortable for nothing. This is your life and you have only one of it. You will never get an experience or emotion if you havent tried. If you will feel bad for every missed opportunity you had and will have, your head will explode. I dont think that Laszlo still regret for paying so much for pizza. I bet that pizza tasted good and right now he is having good life either, with or without those 30+ BTC.


Title: Re: Do you feel bad while paying with BTC?
Post by: Minecache on April 17, 2023, 12:28:10 PM
Don't be. You feel that way because you think the total amount of BTC which is paid for pizza with today's value of BTC. If you think differently where the price of BTC that day is different to this day. That time 10k BTC is worth around $40 compared to this day's BTC price so that's why the buyer didn't feel bad or disappointed. So, today if someone wants to buy pizza and they accept BTC then you won't have to pay 10k BTC just to buy pizza but rather pay BTC that is worth the pizza let's say $40 and that would be 0.0013 BTC.

I am pretty sad when many people keep repeating the story of Laszlo Hanyecz when using 10 thousand BTC to buy 2 pizzas. I don't know what are they thinking? Because I bet those people that, even if they knew about bitcoin at the time, they wouldn't have dared to invest in 1 bitcoin, let alone own 10 thousand BTC. The early adopters of bitcoin made history, what they did is the foundation that we are here today, without those transactions, there wouldn't be any crypto market until now. We should show them respect and gratitude rather than mocking them.
actually, every one have their own choice with different reasons to use bitcoin as daily use payment. In my point of view, i choose to store bitcoin in my wallet (holding) and some of my bitcoin will be traded on short trading, then after i get some profit i usually withdrew the btc to fiat before use for payment on daily purchasing. 

Nothing wrong with laszlo that he bought pizza for 10.000 btc, it was his choice to do it. No one knows exactly what will happen in the future including the price of bitcoin will rise or drop.

It is true that bitcoin has been generating profits for investors. But bitcoin was initially created as a means of payment, and it can still be used as a form of payment today. You are right, everyone has their own choice, not everyone considers bitcoin an investment, and many people are still using it daily instead of fiat. So there's nothing wrong with someone buying Pizza with bitcoin or using bitcoin for everyday spending. Bitcoin is very flexible, and what we use it for is up to each person, no one is wrong, and no one is right here.


Title: Re: Do you feel bad while paying with BTC?
Post by: octobuzz on April 17, 2023, 02:58:13 PM
I admit making payments with BTC might be a bit uncomfortable sometimes considering the it's volatile state in the market. Knowing that you can sell for a higher price could be so painful at times.

Nevertheless, Bitcoin's sole purpose is to give financial freedom and not necessarily a means of making profit. Just as you would use any other currency, Bitcoin was created to do the same. However, in a more decentralized way, thereby making you free from the constraints of bank and the government.

In my opinion, BTC should be used more in making payments. I believe this would make people comfortable while using it for payments.


Title: Re: Do you feel bad while paying with BTC?
Post by: bangjoe on April 17, 2023, 03:03:16 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I feel the same way when I make transactions with bitcoin, the feeling of not wanting to lose bitcoin and being used to treating bitcoin as an investment asset for the future makes me feel uncomfortable when the bitcoin that I have is used as a medium of exchange, I think this depends on myself and how does someone treat bitcoin, especially when the market is bad or the buying price of bitcoin is much higher than today's bitcoin price, it will be a big trauma for me even though basically bitcoin is created as a better alternative currency.

Don't be. You feel that way because you think the total amount of BTC which is paid for pizza with today's value of BTC. If you think differently where the price of BTC that day is different to this day. That time 10k BTC is worth around $40 compared to this day's BTC price so that's why the buyer didn't feel bad or disappointed. So, today if someone wants to buy pizza and they accept BTC then you won't have to pay 10k BTC just to buy pizza but rather pay BTC that is worth the pizza let's say $40 and that would be 0.0013 BTC.
I think his orientation is not fixated on the sentence number of bitcoins, it's just that maybe the OP thinks that the bitcoin he treats bitcoin is like an investment asset for the future which may have a higher price than today and make him feel bad if he loses bitcoins because of today's transactions .


Title: Re: Do you feel bad while paying with BTC?
Post by: danadc on April 17, 2023, 05:24:20 PM
I admit making payments with BTC might be a bit uncomfortable sometimes considering the it's volatile state in the market. Knowing that you can sell for a higher price could be so painful at times.

Nevertheless, Bitcoin's sole purpose is to give financial freedom and not necessarily a means of making profit. Just as you would use any other currency, Bitcoin was created to do the same. However, in a more decentralized way, thereby making you free from the constraints of bank and the government.

In my opinion, BTC should be used more in making payments. I believe this would make people comfortable while using it for payments.
I have not been able to make payments with btc, I have a special card to make those payments, but I have not done it because somehow they ask for my ID and I do not like that, I am not from the country where I am, I do not want them to file me to pay Very costly taxes, so what I did was transfer it to a wallet that I downloaded and have on my cell phone but I haven't used it, the most likely thing is that they ask for identification and that is something that I would no longer do, so I prefer to use other things, and Obviously fiat money, but that's my fear, I don't know if it's like that in other countries.


Title: Re: Do you feel bad while paying with BTC?
Post by: GigaBit on April 17, 2023, 05:24:27 PM
I don't know anything about buying pizza with 30 bitcoins but we all heard the story of buying pizza with 10000 bitcoins. If you are a strong holder of Bitcoin then holding Bitcoin is important for you. But if your financial situation is not so good you have to convert bitcoins to fiat then there is no benefit. I am interested in paying BTC payment. I collect bitcoin separately for holding. In that case I have no concern about this payment method. When Bitcoin will be bullish, someone can feel bad emotionally. But it is impossible to reconcile emotion with reality.


Title: Re: Do you feel bad while paying with BTC?
Post by: yazher on April 17, 2023, 05:33:58 PM
Well, most people are not spending their bitcoins when the price is still recovering and they likely waiting for the price to rise until they decided to sell it to buy expensive things or properties just like the stories of the people who do that every bull runs. There are lots of successful stories regarding their selling of their bitcoins when the price is high and you find them extremely patient when it comes to holding their bitcoins and not getting any doubt with their plan when they see the price not moving at all.


Title: Re: Do you feel bad while paying with BTC?
Post by: Distinctin on April 17, 2023, 05:36:30 PM
I've had the pleasure to spend some of my bitcoin to purchase a really good item, and trust me, I do not regret it, after all, bitcoin was created to be a currency through which people can buy and sell good s and services, eliminating the banks and preserving user privacy.

Spending bitcoin is also contributing to adoption which we all clamor for, if everybody should decide and hold their bitcoin tight, how then will the coin circulate into new hands,?
So it's nothing really to be afraid of, or feel angry about, you are also helping the bitcoin network and holders grow when goods or service are paid for in bitcoin.
That should be the proper mindset of bitcoin hodlers as bitcoin is still intended to be spend so that it can act as a currency too, not just a long term investment forever. However, I also understand what OP feels since I was more like that before, but you know when you feel satisfied and fulfilled with what you purchase from bitcoin, getting uncomfortable or having regrets will be then impossible.


Title: Re: Do you feel bad while paying with BTC?
Post by: Mate2237 on April 17, 2023, 05:53:57 PM
Don't be. You feel that way because you think the total amount of BTC which is paid for pizza with today's value of BTC. If you think differently where the price of BTC that day is different to this day. That time 10k BTC is worth around $40 compared to this day's BTC price so that's why the buyer didn't feel bad or disappointed. So, today if someone wants to buy pizza and they accept BTC then you won't have to pay 10k BTC just to buy pizza but rather pay BTC that is worth the pizza let's say $40 and that would be 0.0013 BTC.

I am pretty sad when many people keep repeating the story of Laszlo Hanyecz when using 10 thousand BTC to buy 2 pizzas. I don't know what are they thinking? Because I bet those people that, even if they knew about bitcoin at the time, they wouldn't have dared to invest in 1 bitcoin, let alone own 10 thousand BTC. The early adopters of bitcoin made history, what they did is the foundation that we are here today, without those transactions, there wouldn't be any crypto market until now. We should show them respect and gratitude rather than mocking them.
 Many people don't understand how bitcoin was as of that time so when they heard that someone like Laszlo Hanyecz used 10 thousand bitcoin to buy 2 pizza as for then, the money is too big to buy the pizza. They have not considered how much was bitcoin as of then. They always thought of the present price of bitcoin. Therefore, using bitcoin to buy someone is different from what has been used in those years. Because in those days bitcoin was growing and now bitcoin is expanding to all corners in the world. So if I use bitcoin bitcoin to buy something in my area, I will feel happy.


Title: Re: Do you feel bad while paying with BTC?
Post by: serjent05 on April 17, 2023, 05:57:00 PM
Laszlo didn't expect the prices to go that far though and it's not like he wasn't doing it for nothing, iirc he did it to prove that you can use bitcoin for basic transactions not to mention that he's already part of the history of bitcoin, now the lens that we will look at it will be different but we know for a fact that he did something great. Stop dwelling too much on the thought that you spending your bitcoin and for the prices to go up after the fact is a bad thing, it's not your fault, and it's not like you know that the prices were going to go up after you've used it for some transactions.

Most probably Laszlo was very happy spending those BTC for pizza during those times.  I bet anyone who holds BTC will also be happy if they are in Laszlo's shoes that time. 

Well, most people are not spending their bitcoins when the price is still recovering and they likely waiting for the price to rise until they decided to sell it to buy expensive things or properties just like the stories of the people who do that every bull runs. There are lots of successful stories regarding their selling of their bitcoins when the price is high and you find them extremely patient when it comes to holding their bitcoins and not getting any doubt with their plan when they see the price not moving at all.

Those people who do not touch their BTC are investors and use Bitcoin as a tradeable asset and not as currency.  Obviously, they will feel bad if they are forced to use their investment due to a lack of fiat currency funds.  But for those who look at Bitcoin as a currency, will be happy to find merchants where they can pay in BTC.  I am one of these kinds of people that don't feel bad paying with BTC.


Title: Re: Do you feel bad while paying with BTC?
Post by: MFahad on April 17, 2023, 06:03:31 PM
Actually that person was unaware of the highest worth of bitcoin that time and now a days everyone is familiar with the bitcoin price and worth and people will not accept the same thing. Paying with bitcoin is not bad thing but this year everyone knows very well that in future bitcoin will be more useful therefore they always prefer bitcoin to be stored for longer time than paying with it.

Bitcoin in both way are beneficial so we cannot ignore the reality and uses of bitcoin but it depends on a mind of holders because he will have think about his investment, profit, losses and about upcoming plans.


Title: Re: Do you feel bad while paying with BTC?
Post by: tread93 on April 17, 2023, 06:19:17 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Personally it has to be something truly amazing before I am going to spend scarce bitcoin on. In this case, I am actually facing a condition that meets these qualifications and I am buying a ticket to the bitcoin miami conference with bitcoin. Personally I just think that is a cool way to spend it and I think it'll be worth every sat. Thats just my two sats though.


Title: Re: Do you feel bad while paying with BTC?
Post by: ItsCrafty on April 17, 2023, 06:26:26 PM

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Paying with btc is generally not bad idea. If you have money other than btc then of course paying with  stable coin is better. The problem will be only in one condition when you have only btc and no money other than btc to pay then there is two solution for you. You have to pay via btc or you have to take loan and hold your btc strongly. I will prefer first one.

If anyone have strong faith on Btc that it price will increase high then paying with btc is not good decision. The user who sold 10,000 btc for 2 Pizza had no faith on Btc that it Will go such a high price that he can buy many shop of Pizza if he hold for 13 years.


Title: Re: Do you feel bad while paying with BTC?
Post by: nakamura12 on April 17, 2023, 08:27:17 PM

actually, every one have their own choice with different reasons to use bitcoin as daily use payment. In my point of view, i choose to store bitcoin in my wallet (holding) and some of my bitcoin will be traded on short trading, then after i get some profit i usually withdrew the btc to fiat before use for payment on daily purchasing. 

Nothing wrong with laszlo that he bought pizza for 10.000 btc, it was his choice to do it. No one knows exactly what will happen in the future including the price of bitcoin will rise or drop.
That's much the same as paying with BTC. When I want to buy something or to purchase something then I had to sell some of my BTC to fiat so that I can buy it. Cryptocurrency is not banned in my country but there aren't establishment that accept crypto as one of the payment method use in transactions that's why I sell BTC to fiat before buying. Better focus on the question in the title, my answer for that will be No, I won't feel bad while paying BTC. BTC is created for that purpose and more. It's up to us on what to do with it and what you want to spend with your BTC.


Title: Re: Do you feel bad while paying with BTC?
Post by: bayu7adi on April 17, 2023, 08:30:32 PM
Those people who do not touch their BTC are investors and use Bitcoin as a tradeable asset and not as currency.  Obviously, they will feel bad if they are forced to use their investment due to a lack of fiat currency funds.  But for those who look at Bitcoin as a currency, will be happy to find merchants where they can pay in BTC.  I am one of these kinds of people that don't feel bad paying with BTC.

The true function of Bitcoin, as @serjent05 aptly stated, is that it serves as a digital currency that enables peer-to-peer transactions without the need for intermediaries such as banks. However, Bitcoin attracts individuals with diverse objectives. Some consider it as the best long-term investment, while others view it as a speculative model with high profit potential, and some employ it solely for transactions, among other purposes. This multiplicity of functions is a significant advantage for Bitcoin's existence since one asset can have multiple functions depending on the owner's perspective.

Transacting with Bitcoin is seamless as it offers security, anonymity, low transaction fees, fast transaction speed, and decentralization. These features are unmatched when compared to bank transactions.

When determining your perspective on the future of Bitcoin, consistency is key. There is nothing wrong with adhering to your chosen perspective.


Title: Re: Do you feel bad while paying with BTC?
Post by: bettercrypto on April 17, 2023, 09:00:45 PM
Honestly, when it comes to whether I will use bitcoin as payment or convert it to fiat, I 100% regret spending it because I have no choice because I have to do it.

     That's why I do if I have a chance to buy bitcoin even if it's a small amount I really buy and save it, because as much as possible I need to replenish the bitcoin I have taken out, that's what I do.


Title: Re: Do you feel bad while paying with BTC?
Post by: Oasisman on April 17, 2023, 09:11:05 PM
Honestly, when it comes to whether I will use bitcoin as payment or convert it to fiat, I 100% regret spending it because I have no choice because I have to do it.

     That's why I do if I have a chance to buy bitcoin even if it's a small amount I really buy and save it, because as much as possible I need to replenish the bitcoin I have taken out, that's what I do.

Don't feel bad about it though, using Bitcoin as a payment is like an act of support for Bitcoin as a currency. We don't only treat Bitcoin as a store of value, but we have to use it to pay for something so we can really call it a currency, not just an asset or investment.
Me, personally haven't had more Bitcoin spent on payments, but whenever I do that's the first thing that comes to my mind and I don't really mind the regrets of spending the future value of it, because I have somehow contributed on the continued development and adoption of Bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: kawetsriyanto on April 17, 2023, 09:31:49 PM
Don't feel bad about it though, using Bitcoin as a payment is like an act of support for Bitcoin as a currency. We don't only treat Bitcoin as a store of value, but we have to use it to pay for something so we can really call it a currency, not just an asset or investment.
It is true that using Bitcoin for purchasing goods is a contribution to support Bitcoin as a digital currency. Sadly, not everyone can do it because Bitcoin still cannot be used as a payment tool anywhere. In my country, you are forbidden to use Bitcoin as a currency since it is against the law. TBH, I really want to use Bitcoin as a payment tool but it can't, I don't want to get in trouble with the law. I assume that many people also experience the same as me.

Me, personally haven't had more Bitcoin spent on payments, but whenever I do that's the first thing that comes to my mind and I don't really mind the regrets of spending the future value of it, because I have somehow contributed on the continued development and adoption of Bitcoin.
It is good that you have a good mindset to have a contribution to Bitcoin development/adoption. Why do you don't use it as a payment tool? If it doesn't against the law in your country, you can try to use it for payment purposes.



Title: Re: Do you feel bad while paying with BTC?
Post by: cheezcarls on April 18, 2023, 02:50:54 PM
If I think of Bitcoin as a “utility” rather than an investment opportunity, I won’t feel bad about it especially if I am using the lightning network.

This happens right now in Boracay where a lot of shops, transportation, groceries, etc., or any service out there are accepting Bitcoin lightning for payments via Pouch.ph wallet. They are Bitcoin maxis at most but as “utilitarians”.

I have some BTCs right now since I have began doing DCA last year stored in my hardware wallet and yes I would feel bad about spending them for unnecessary reasons (unless if there’s emergency where it’s the very last option).


Title: Re: Do you feel bad while paying with BTC?
Post by: CryptSafe on April 18, 2023, 03:12:05 PM
actually, every one have their own choice with different reasons to use bitcoin as daily use payment. In my point of view, i choose to store bitcoin in my wallet (holding) and some of my bitcoin will be traded on short trading, then after i get some profit i usually withdrew the btc to fiat before use for payment on daily purchasing. 

Nothing wrong with laszlo that he bought pizza for 10.000 btc, it was his choice to do it. No one knows exactly what will happen in the future including the price of bitcoin will rise or drop.
That's much the same as paying with BTC. When I want to buy something or to purchase something then I had to sell some of my BTC to fiat so that I can buy it. Cryptocurrency is not banned in my country but there aren't establishment that accept crypto as one of the payment method use in transactions that's why I sell BTC to fiat before buying. Better focus on the question in the title, my answer for that will be No, I won't feel bad while paying BTC. BTC is created for that purpose and more. It's up to us on what to do with it and what you want to spend with your BTC.

Same too but what I myself did was to separate my bitcoin accounts. I have a bitcoin account for long term holding, one for emergency and one for trading that is how I roll with my bitcoin. So changing it to fiat is not a problem for me as I have already split them for various purpose with different wallets.
Then for my country it is not  that government put a ban on Crypto currency but the central bank in my country put a ban on the bank from transacting with Crypto currencies and since then no one date talk about it in the bank or conduct transactions with a note related to Crypto on their transaction otherwise you face the risk of loosing you funds and account blocked but we do p2p trade for exchange of bitcoin to fiat very easy for us so it is a no issue  for us in my country.


Title: Re: Do you feel bad while paying with BTC?
Post by: cydrix on April 18, 2023, 03:32:11 PM
I can relate to your emotion, which is positive given that you may be cautious, sensitive, and aware of the asset worth of bitcoin. This shouldn't deter you from using your money, though, since it's not just for investments. Just make sure you have a significant quantity of cash in your wallet left over for the investment; do not sacrifice yourself of pleasures in life as a result.


Title: Re: Do you feel bad while paying with BTC?
Post by: mvdheuvel1983 on April 18, 2023, 07:13:34 PM
What are your thoughts about this?
I rarely make payments with bitcoin or any stable coin locally.
There have been only two instances where I made payment with bitcoin locally and it was just to serve as an illustration to some people who didn't believe in its fast payment. So I bought a bottle of my favourite Vodka and paid for it with bitcoin.
Another instance of using bitcoin locally, was also to prove to some audience that bitcoin was money as well and can be used for good purpose.
I do most cross-border payment in bitcoin. Especially importation. It is fast, cheaper, reliable, and efficient. First was buying a mac book and paying for it and its shipping fee in bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: OgNasty on April 18, 2023, 07:24:44 PM
I would never feel bad for paying for something in crypto.  I'm not one of these guys that makes fun of pioneers who paid astronomical sums of BTC (looking backward) for things like pizzas, alpaca socks, honey, or whatever else was being offered for BTC back in the day.  It's these purchases that give Bitcoin value.  If everyone was spending it freely and accepting it, we would see increased comfortability and adoption that would surely benefit us all.  Don't be one of these guys who refuses to spend your crypto.  Just make sure to replace it with fiat and you'll be fine. 


Title: Re: Do you feel bad while paying with BTC?
Post by: nakamura12 on April 18, 2023, 09:49:58 PM
Many people don't understand how bitcoin was as of that time so when they heard that someone like Laszlo Hanyecz used 10 thousand bitcoin to buy 2 pizza as for then, the money is too big to buy the pizza. They have not considered how much was bitcoin as of then. They always thought of the present price of bitcoin. Therefore, using bitcoin to buy someone is different from what has been used in those years. Because in those days bitcoin was growing and now bitcoin is expanding to all corners in the world. So if I use bitcoin bitcoin to buy something in my area, I will feel happy.
They should have make more research about Bitcoin and the story rather than saying something without full support and I think that's why they don't understand how Bitcoin was at that time. That's just prove that they only know the story about a person who bought a pizza with 10k of Bitcoin and didn't even think about that it was before and right now is a different story since the BTC price is volatile which means it is changing time after time.


Title: Re: Do you feel bad while paying with BTC?
Post by: Quidat on April 18, 2023, 11:57:57 PM
Many people don't understand how bitcoin was as of that time so when they heard that someone like Laszlo Hanyecz used 10 thousand bitcoin to buy 2 pizza as for then, the money is too big to buy the pizza. They have not considered how much was bitcoin as of then. They always thought of the present price of bitcoin. Therefore, using bitcoin to buy someone is different from what has been used in those years. Because in those days bitcoin was growing and now bitcoin is expanding to all corners in the world. So if I use bitcoin bitcoin to buy something in my area, I will feel happy.
They should have make more research about Bitcoin and the story rather than saying something without full support and I think that's why they don't understand how Bitcoin was at that time. That's just prove that they only know the story about a person who bought a pizza with 10k of Bitcoin and didn't even think about that it was before and right now is a different story since the BTC price is volatile which means it is changing time after time.
No one could predict the future and this is why these kind of spendings is something that we couldnt really blame on that someone who do make use of their coins for such transaction.
Yes, its waste because if we do try to convert out that amount of as of todays value then it is really something that life changing. Not all are really meant to be that rich or to be successful
because if you do have just that strong belief about bitcoins potential then you would be able to cherish out that extreme profit that you had made out.
Well, not everyone could be able to hold up for too long.


Title: Re: Do you feel bad while paying with BTC?
Post by: nakamura12 on April 20, 2023, 10:12:24 PM
No one could predict the future and this is why these kind of spendings is something that we couldnt really blame on that someone who do make use of their coins for such transaction.
Yes, its waste because if we do try to convert out that amount of as of todays value then it is really something that life changing. Not all are really meant to be that rich or to be successful
because if you do have just that strong belief about bitcoins potential then you would be able to cherish out that extreme profit that you had made out.
Well, not everyone could be able to hold up for too long.
Yes, It is true that no one can predict the price of Crypto like Bitcoin accurately but there are some people who still make a prediction about its price in the future. Like you said, no one can predict the future. So basically, he didn't expect or he didn't know that Bitcoin's price or value in  usd would reach $28k or even reach its ATH before because if we can predict the future then  wouldn't spend his BTC to pizza since he will know or he knows what will happen in the future. In the end, if that happen during this time then many people will say he just wasted his money and I think some people will say they can't believe that someone is paying that amount of BTC for a pizza or maybe some will say harsh words like he is an idiot for doing that. Honestly, there's nothing we can do since it's in the past and we shouldn't take it seriously.


Title: Re: Do you feel bad while paying with BTC?
Post by: Odusko on April 20, 2023, 10:23:29 PM
It makes me feel good whenever I can pay with Bitcoin for goods and services directly with Bitcoin, this will give me more joy than Havant to first convert my Bitcoin to local currency before I could spend it, there has not been a lot of development that allows crypto-merchant payments but if I can fine and it will be a helpful tool for making payment.
But then each time i could exchange Bitcoin for any other currency to make transactions this further shows how flexible Bitcoin has become to be easily converted to fiat and also convert Fiat to Bitcoin effortlessly makes me feel really good.


Title: Re: Do you feel bad while paying with BTC?
Post by: Jon_Hodl on April 20, 2023, 11:48:28 PM
I understand the concern and where you are coming from but if it wasn't for the people who came before us to spend their bitcoin, then we wouldn't have come as far as we have.

Also, if miners never sell/spend, then nobody else would ever have bitcoin. The fact that any of us have bitcoin means that somebody had to spend/sell to get to where we are today. It's all part of the process.

I think I would only feel bad if I never bought/accepted more after I spent. Spend and replenish is a great strategy when you actually spend bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on April 21, 2023, 02:35:18 AM
If I think of Bitcoin as a “utility” rather than an investment opportunity, I won’t feel bad about it especially if I am using the lightning network.

This happens right now in Boracay where a lot of shops, transportation, groceries, etc., or any service out there are accepting Bitcoin lightning for payments via Pouch.ph wallet. They are Bitcoin maxis at most but as “utilitarians”.

I have some BTCs right now since I have began doing DCA last year stored in my hardware wallet and yes I would feel bad about spending them for unnecessary reasons (unless if there’s emergency where it’s the very last option).

The number of people really using BTC as cash is very small. The vast majority of people worldwide sees Bitcoin as an investment or a means to get rich quick. Therefore, market prices matters to them at the time of making a purchase. I don't blame them since the world still moves around Fiat. As long as we're living in the "Fiat Standard", don't expect Bitcoin to go anywhere soon.

I'm fine with that as long as BTC delivers as promised. There are many merchants accepting the cryptocurrency worldwide, so there should be nothing to worry about. Who knows how big BTC will become in the future? Just my thoughts ;D


Title: Re: Do you feel bad while paying with BTC?
Post by: cozytrade on April 21, 2023, 03:31:11 PM
When I can pay in Bitcoin I love how modern and technologically advanced my country is.  Paying in Bitcoin is very easy and worldwide Bitcoin payments are done without any banking hassles.  So paying in Bitcoin is a great pleasure for me.  But as much as I pay with bitcoins somewhere, I buy back bitcoins and store them. So I don't have any bad feelings for spending my bitcoins paying in bitcoins for buying something.


Title: Re: Do you feel bad while paying with BTC?
Post by: Marvell1 on April 21, 2023, 03:49:05 PM
If I think of Bitcoin as a “utility” rather than an investment opportunity, I won’t feel bad about it especially if I am using the lightning network.

This happens right now in Boracay where a lot of shops, transportation, groceries, etc., or any service out there are accepting Bitcoin lightning for payments via Pouch.ph wallet. They are Bitcoin maxis at most but as “utilitarians”.

I have some BTCs right now since I have began doing DCA last year stored in my hardware wallet and yes I would feel bad about spending them for unnecessary reasons (unless if there’s emergency where it’s the very last option).

The number of people really using BTC as cash is very small. The vast majority of people worldwide sees Bitcoin as an investment or a means to get rich quick. Therefore, market prices matters to them at the time of making a purchase. I don't blame them since the world still moves around Fiat. As long as we're living in the "Fiat Standard", don't expect Bitcoin to go anywhere soon.

I'm fine with that as long as BTC delivers as promised. There are many merchants accepting the cryptocurrency worldwide, so there should be nothing to worry about. Who knows how big BTC will become in the future? Just my thoughts ;D

This is true, I guess 99% of bitcoin holders see bitcoin as an investment rather than a currency, and to be honest, I am also looking at bitcoin as an investment rather than using it for payment maths.

Nowadays, everyone wants to earn more money because life is getting harder and harder, and without money, bitcoin as a means of payment means nothing to us. So I don't see anything wrong with people treating bitcoin as an investment, and using it to spend is sometimes a waste. I know bitcoin is made to be a payment method, not an investment, but I really prefer to have bitcoin as an asset, an investment.


Title: Re: Do you feel bad while paying with BTC?
Post by: BVeyron on April 21, 2023, 09:08:40 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

I also think that it's a good decision to hodl a bit. The problems occur with the amounts to hodl, to buy and to sell... That's like gambling, especially if it comes to altcoins. As for stable coins, I suppose that it can be only long-term investment. Although the established project rarely becomes a scam, it's price is not eager to rise dramatically...


Title: Re: Do you feel bad while paying with BTC?
Post by: Magic-Money on April 22, 2023, 10:37:38 AM
Bitcoin as a means of payment is a very good one as long the both parties or the organization has the knowledge of bitcoin, and the value rate as it apply base on the current price to sent individual has not to feel bad, accept the price depreciate after the transaction has been take place, in other words is added advantages when the price appreciate more and good to have patience, because bitcoin is a patience business. 


Title: Re: Do you feel bad while paying with BTC?
Post by: WeThePe0ple on April 22, 2023, 11:32:08 AM

if you think like that, then when do you have profit from the bitcoin? when do you use the bitcoin?

your thinking is correct, it's possible that in the future bitcoin can exceed price expectations which are more than now, but you have to remember that is a positive prejudice, what if bitcoin in the future goes down more than the current price, what if bitcoin in the future falls down, we don't know what will happen to bitcoin in the future.

People think of BTC as a means of payment that is a hedge against inflation. I think of it as a commodity that needs to reach full adoption (which I believe will take at least 10 years) before it reaches its full value.

I plan to buy BTC and never sell. It will be an inheritance for my kids later.
I think that a key issue for holders of BTC who do not have financial reserves, will be that they are forced to sell BTC in order to pay off dollar denominated debt (real estate, student loans..)


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on April 23, 2023, 11:15:17 PM
This is true, I guess 99% of bitcoin holders see bitcoin as an investment rather than a currency, and to be honest, I am also looking at bitcoin as an investment rather than using it for payment maths.

Nowadays, everyone wants to earn more money because life is getting harder and harder, and without money, bitcoin as a means of payment means nothing to us. So I don't see anything wrong with people treating bitcoin as an investment, and using it to spend is sometimes a waste. I know bitcoin is made to be a payment method, not an investment, but I really prefer to have bitcoin as an asset, an investment.

People are free to decide what to do with their Bitcoin. It's not like Fiat currencies where you are subject to banks' and governments' own will. What makes Bitcoin stronger is its decentralized and open source design. Popularity for the cryptocurrency keeps rising even during uncertain times, so I'm confident it will last a lifetime. I think "market volatility" will be solved once crypto becomes a mature asset class in the future. BTC will be a lot more stable by then, making it a lot more useful as a currency.

No matter what happens in the future, we can't deny that 1 BTC = 1 BTC no matter what. In a "hyperbitcoinized world" this would make sense. Countries are slowly adopting BTC as an alternative to Fiat, so it should only be a matter of time before this happens. Just my opinion :)


Title: Re: Do you feel bad while paying with BTC?
Post by: Gipanno on April 23, 2023, 11:27:06 PM
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Title: Re: Do you feel bad while paying with BTC?
Post by: blackened515 on April 24, 2023, 06:00:41 AM
Bitcoin as a means of payment is a very good one as long the both parties or the organization has the knowledge of bitcoin, and the value rate as it apply base on the current price to sent individual has not to feel bad, accept the price depreciate after the transaction has been take place, in other words is added advantages when the price appreciate more and good to have patience, because bitcoin is a patience business. 
A trader will only feel bad when he or she is making a lose in Bitcoin but if traded wisely and anticipating on the good path, bitcoin will pump beyond measures. Exercise patience when holding bitcoin, it's the only way to generate profits. Bitcoin is generally excellent in terms of businesses transactions, it's fast and reliable. For instance transferring bitcoin during the bull, it will give the receiving party more profits. But it's disadvantages is the unstable fluctuations of bitcoin,  which will results to losses either during transactions or after that.


Title: Re: Do you feel bad while paying with BTC?
Post by: O Mago Ozzie on April 24, 2023, 06:28:00 AM
a verdade é que esse cara que pagou a pizza em btc é o responsável por seu desconforto hoje, mas isso não é uma coisa ruim, é maravilhoso vc dar tanto valor a algo que não possa sair da sua posse por nada


Title: Re: Do you feel bad while paying with BTC?
Post by: Adams0001 on April 24, 2023, 08:55:20 AM
A crypto currency is gaining acceptance in small businesses and can generate funds with the assistance of an online payment processor.
When I pay with Bitcoin, I feel more secure than when I pay with a credit card because these digital asset transactions do not require third-party verification.


Title: Re: Do you feel bad while paying with BTC?
Post by: GigaBit on April 24, 2023, 09:07:51 AM
Hello everyone!
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I don't think paying with bitcoins has any effect for bitcoin holdings. Because the money I pay with bitcoins I can buy those bitcoins with fiat money if I want. But there may be some variation as volatility purpose. Many people emotionally say they don't want to pay with Bitcoin. But he can never invest bitcoins beyond his limitation. They must be spent every day to manage their life. Which you can't hold even if you want. So I see no problem in paying in bitcoins for what is outside my holdings.
But if the market is in a down trend then paying in Bitcoin can be a matter of loss. At least if a payment provider feels it has nothing to lose he can pay in Bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: dansus021 on April 24, 2023, 11:06:21 AM
Feel bad no at all the bitcoin pizza is always there  I mean if the price is always Up there is always people who like bitcoin pizza.

If you are using Bitcoin for pay something it mean you support the ecosystem if more and more people spend with cryptocurrency there will be a lot of merchants  that start to accept crypto too right at least theoretically


Title: Re: Do you feel bad while paying with BTC?
Post by: Marvell1 on April 27, 2023, 12:27:13 PM
This is true, I guess 99% of bitcoin holders see bitcoin as an investment rather than a currency, and to be honest, I am also looking at bitcoin as an investment rather than using it for payment maths.

Nowadays, everyone wants to earn more money because life is getting harder and harder, and without money, bitcoin as a means of payment means nothing to us. So I don't see anything wrong with people treating bitcoin as an investment, and using it to spend is sometimes a waste. I know bitcoin is made to be a payment method, not an investment, but I really prefer to have bitcoin as an asset, an investment.

...
 I think "market volatility" will be solved once crypto becomes a mature asset class in the future. BTC will be a lot more stable by then, making it a lot more useful as a currency.

No matter what happens in the future, we can't deny that 1 BTC = 1 BTC no matter what. In a "hyperbitcoinized world" this would make sense. Countries are slowly adopting BTC as an alternative to Fiat, so it should only be a matter of time before this happens. Just my opinion :)

When it comes to volatility, for those who see bitcoin as a currency, a means of payment, bitcoin volatility is a big problem that needs to be resolved. But for investors, volatility is a boon because it will give them profits, if it goes away, we will also lose some users. I am an investor, but I also believe bitcoin will become more stable over time, and we could also see bitcoin returns getting smaller and smaller compared to previous years. It's actually getting bigger and more stable.

If bitcoin can stabilize, it is almost certain that it will become an alternative to fiat in some countries.



Title: Re: Do you feel bad while paying with BTC?
Post by: Aanuoluwatofunmi on April 27, 2023, 01:11:30 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

As long as bitcoin is being acceptable for making payments in anywhere i go, i will always make use of it, the occasion at which i may not like is when bitcoin is not acceptable and am willing to make payment, if you pay with bitcoin, there are two things involved, it's either the bitcoin price rises or go dip immediately after your transaction, this we cannot predict how and when since it's a volatile digital currency, you can always spend from other altcoins when holding bitcoin till you have that desired to sell out after making profit


Title: Re: Do you feel bad while paying with BTC?
Post by: dlightag on April 27, 2023, 02:33:17 PM
The world is changing and advising into technology, which Bitcoin is a digital currency that is going to work 100% online, as a means of payment, but we all know that Bitcoin price is not stable, I can only feel bad after receiving some amount of Bitcoin and the price depreciate , is not the end, and is only have a patient for a certain period of time to recover or appreciate more than beyond expected.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on April 27, 2023, 04:55:50 PM
When it comes to volatility, for those who see bitcoin as a currency, a means of payment, bitcoin volatility is a big problem that needs to be resolved. But for investors, volatility is a boon because it will give them profits, if it goes away, we will also lose some users. I am an investor, but I also believe bitcoin will become more stable over time, and we could also see bitcoin returns getting smaller and smaller compared to previous years. It's actually getting bigger and more stable.

If bitcoin can stabilize, it is almost certain that it will become an alternative to fiat in some countries.

I don't think Bitcoin will ever "stabilize", especially when the world is still tied to the "Fiat Standard". Everything is valued in Fiat currencies these days. For volatility to stop, Bitcoin needs to replace Fiat as the standard unit of account. In other words, this means valuing things in BTC terms (not Fiat). But that can never be achieved when most people consider Bitcoin as a long-term investment instead of a currency. You're free to use Bitcoin the way you want to, thanks to the way it was designed (decentralized and censorship-resistant).

With real use cases growing by the day, it should only be a matter of time before the cryptocurrency becomes a "force to reckon with". Maybe we'll see more merchants and businesses accepting it as payment method in the future? Just my thoughts ;D


Title: Re: Do you feel bad while paying with BTC?
Post by: Oneandpure on April 27, 2023, 05:26:52 PM
I am excited using bitcoin as payment transaction in real life, but many countries not support or legal using Bitcoin for all transaction payment make us not have many option for bitcoin except as investment assets. Supposedly with technological advances and advantages in using bitcoin as legal payment transaction will make it easy and better than using fiat, but many countries limited bitcoin function as payment currencies and still not believe how bitcoin reputation using as legal payment. Has one positive side when Bitcoin have been legal as investment assets with several countries adopted and become passive income trough taxes from Bitcoin transaction.


Title: Re: Do you feel bad while paying with BTC?
Post by: JayTrain on April 27, 2023, 07:03:16 PM
I understand the purpose of BTC as a currency, but the fear of missing out on potential gains in the future makes me hesitant to spend it. Stablecoins provide a more stable option for transactions, and I feel more comfortable using them. However, I also recognize the importance of BTC adoption and am open to exploring its use as a payment method in the future.


Title: Re: Do you feel bad while paying with BTC?
Post by: FahriZah on April 28, 2023, 05:23:32 AM
It’s Really A Painful Matters When I Have Some Amount Of Bitcoin At 2015-2016 Than Actually I Don,t Know What Is Bitcoin And How It Is Working Than I Pay My Bitcoin Little Amount.


Title: Re: Do you feel bad while paying with BTC?
Post by: vitya1982 on April 28, 2023, 06:30:41 AM
I understand the purpose of BTC as a currency, but the fear of missing out on potential gains in the future makes me hesitant to spend it. Stablecoins provide a more stable option for transactions, and I feel more comfortable using them. However, I also recognize the importance of BTC adoption and am open to exploring its use as a payment method in the future.

That's true, I prefer to use stablecoins for that too. But one time I had to use BTC, when it was more expensive, and then bought even more when it was cheaper. And that's a great feeling.


Title: Re: Do you feel bad while paying with BTC?
Post by: Inwestour on April 28, 2023, 07:51:00 AM
People are free to decide what to do with their Bitcoin. It's not like Fiat currencies where you are subject to banks' and governments' own will. What makes Bitcoin stronger is its decentralized and open source design. Popularity for the cryptocurrency keeps rising even during uncertain times, so I'm confident it will last a lifetime. I think "market volatility" will be solved once crypto becomes a mature asset class in the future. BTC will be a lot more stable by then, making it a lot more useful as a currency.
Fiat currencies are highly subject to inflation, so with time your savings to depreciate, this is a losing strategy, and in the case of bitcoin, the opposite is true. Whoever is able to understand this now will have a good advantage in the future.

When it comes to volatility, for those who see bitcoin as a currency, a means of payment, bitcoin volatility is a big problem that needs to be resolved. But for investors, volatility is a boon because it will give them profits, if it goes away, we will also lose some users. I am an investor, but I also believe bitcoin will become more stable over time, and we could also see bitcoin returns getting smaller and smaller compared to previous years. It's actually getting bigger and more stable.

If bitcoin can stabilize, it is almost certain that it will become an alternative to fiat in some countries.
A significant decrease in volatility will most likely provoke the outlet of the players who were here for quick profit and they were not interested in anything more, except that. At the same time, it will make bitcoin more attractive as a payment tool, for everyone who is now doubting and simply holds bitcoin, because they want to make a profit in the bull market.


Title: Re: Do you feel bad while paying with BTC?
Post by: kaseygriffin on April 28, 2023, 08:25:59 AM
Between crypto or bitcoin payments is gradually being accepted more, but there are also many countries that do not want to use it. It can be said that the legal corridor of this has many barriers and it takes time for people to change their minds. I have seen the positives as some economic powers are gradually taking a positive view of this area, and this will have a big effect on the future. The usage behavior of each of us can be different, so it is very vague to talk about who acts with bitcoin or crypto.


Title: Re: Do you feel bad while paying with BTC?
Post by: tokentitan on April 28, 2023, 08:32:51 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

I too feel uncomfortable about spending an asset that has historically shown strong price growth. The concept of 'HODLing' Bitcoin as a long-term investment, using stablecoins for purchases can be a good alternative for those who are uncomfortable with the volatility of Bitcoin.

Stablecoins are designed to maintain a stable value, usually by being pegged to another asset such as the US dollar. This can make them a more predictable and reliable option for making purchases. Ultimately, whether to use Bitcoin or stablecoins for purchases is a personal decision that depends on your individual circumstances and risk tolerance.
I personally use USDT to spend and use BTC for hodling.
I tried memecoins. Sometimes they work but 90% are scams. My 50% investment goes into BTC 30% into other strong coins and 20% into new coins I do not touch presale.
I always use USDT for payments whenever I have to spend.


Title: Re: Do you feel bad while paying with BTC?
Post by: amihada on April 29, 2023, 01:51:47 AM
bitcoin is not suitable to be used as a means of payment like fiat, bitcoin is more suitable to be used as an asset.
if you make bitcoin as a means of payment when will you get the benefits, if in my country someone wants to accept bitcoin as a means of payment I will not do it.


Title: Re: Do you feel bad while paying with BTC?
Post by: romero121 on April 29, 2023, 02:02:58 AM
The innovation came from Satoshi to fullfill what is missing with the fiat system. This means the core was to use it as a medium of transaction. For some reason the growth of bitcoin made people prioritise it more as an investment than a medium of payment. It is true, if Laszlo Hanyecz hadn't made that decision even now the price of bitcoin might've not reached this level. Unlike the market price and growth it is necessary to spend bitcoin as well as use it for payment.

After certain level of growth the value might get stagnant. By that time people will give importance to it as a medium of transaction. Until then the usage as investment can be seen much among the common people.


Title: Re: Do you feel bad while paying with BTC?
Post by: Ayers on April 29, 2023, 02:20:15 AM
bitcoin is not suitable to be used as a means of payment like fiat, bitcoin is more suitable to be used as an asset.
if you make bitcoin as a means of payment when will you get the benefits, if in my country someone wants to accept bitcoin as a means of payment I will not do it.

Why do you say bitcoin is not suitable for use as a means of payment? Can you give a few reasons? Don't forget that bitcoin was designed by Satoshi to be used as a means of payment without a 3rd party, he did not intend to create bitcoin as an asset and for trading as it is today. All that is happening is because we made it an asset, an investment, not the original purpose of bitcoin. There's no denying that bitcoin is seen as more of an investment, but there's nothing wrong with someone using it to replace fiat as a payment method.


Title: Re: Do you feel bad while paying with BTC?
Post by: Marvell1 on April 29, 2023, 02:49:11 AM
~snip~

I don't think Bitcoin will ever "stabilize", especially when the world is still tied to the "Fiat Standard". Everything is valued in Fiat currencies these days. For volatility to stop, Bitcoin needs to replace Fiat as the standard unit of account. In other words, this means valuing things in BTC terms (not Fiat). But that can never be achieved when most people consider Bitcoin as a long-term investment instead of a currency. You're free to use Bitcoin the way you want to, thanks to the way it was designed (decentralized and censorship-resistant).

With real use cases growing by the day, it should only be a matter of time before the cryptocurrency becomes a "force to reckon with". Maybe we'll see more merchants and businesses accepting it as payment method in the future? Just my thoughts ;D

Bitcoin will not be as stable as fiat money, but you can also see its volatility decrease as it gets bigger. I mean, when bitcoin becomes popular, and the market cap becomes as big as gold, maybe even more than the gold market, bitcoin will be less volatile like gold is now, and the returns will also dwindle. It's not what I want, but it will happen.


~snip~
A significant decrease in volatility will most likely provoke the outlet of the players who were here for quick profit and they were not interested in anything more, except that. At the same time, it will make bitcoin more attractive as a payment tool, for everyone who is now doubting and simply holds bitcoin, because they want to make a profit in the bull market.

For this reason, many new or long-time investors have started to turn to altcoins instead of investing in bitcoin. Bitcoin cannot be highly volatile forever, once it gets bigger, the volatility will definitely decrease significantly. For investors, if volatility drops, it will be a sad thing, but conversely, for those who use it for payments, it is something they are looking forward to.


Title: Re: Do you feel bad while paying with BTC?
Post by: ancafe on April 29, 2023, 06:12:20 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
Please explain where you live and only after that will we know how far the payment system using bitcoin will develop where you live. Many countries still refuse to accept payments using bitcoins because there are many issues that must be obeyed.

Unless you buy goods from online sites that accept payments using bitcoins, in some countries this system is also not widespread and there are still quite a number of products that do not accept payments using bitcoins, especially in the country where I live.

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
If you feel uncomfortable, then don't use bitcoin as a transaction tool, just exchange it for fiat according to your needs to buy the product you want. For that you don't need to invest all the money you have in bitcoin, because when you need fiat you don't need to sell bitcoin or buy certain products using direct payment with bitcoin.

I prefer to buy things using fiat currency, because using bitcoin is very detrimental when the price goes up and our assets decrease because we have sold some or in other words converted to fiat when buying something.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on April 30, 2023, 08:00:56 PM
Fiat currencies are highly subject to inflation, so with time your savings to depreciate, this is a losing strategy, and in the case of bitcoin, the opposite is true. Whoever is able to understand this now will have a good advantage in the future.

The deflationary nature of Bitcoin makes it more suitable as a store of value than a real currency for the payment of goods and/or services. That is if you still measure Bitcoin's value in Fiat terms. But if you use BTC regardless of market prices, then it wouldn't matter. I really hope the day comes when BTC is used as the world's standard unit of account (not Fiat). Only then, "hyperbitcoinization" will become a reality.

Unfortunately, that won't be the case in the future since most people consider Bitcoin as an investment (not a currency). I'm fine with that as long as Bitcoin does the job it's supposed to (bringing banking to the unbanked and true financial freedom). With CBDCs right around the corner, we should expect BTC to grow bigger in the future. Maybe it will live alongside Fiat currencies for generations? Just my thoughts ;D


Title: Re: Do you feel bad while paying with BTC?
Post by: ChiBitCTy on April 30, 2023, 08:06:29 PM
30+ Bitcoins? who's him? I think you're refer to Laszlo Hanyecz where he spend 10,000 Bitcoins for 2 pizza and he was not disappointed for doing it, so why you should care with it?

It's your choice if you want to pay with BTC or not, but I believe there's a time where you will convert your Bitcoin to cash because you will need that money in the future, you can't just hold it and not enjoy what you've accumulated so long.

All in all he actually spent over 30,000 bitcoins as he did a couple deals like his infamous 10,000 bitcoin for pizza trade that was the first ever bitcoin for goods transaction.

OP- I understand what you’re saying and where you’re coming from, but I think it’s also important to understand that bitcoin is first for foremost designed to be digital cash, meant to pay for things. I personally believe that it’s important that bitcoin be used as a means of currency as that gives it more value, legitimate utility.

So personally I feel no different spending it or traditional fiat.


Title: Re: Do you feel bad while paying with BTC?
Post by: serjent05 on April 30, 2023, 08:12:12 PM
OP- I understand what you’re saying and where you’re coming from, but I think it’s also important to understand that bitcoin is first for foremost designed to be digital cash, meant to pay for things. I personally believe that it’s important that bitcoin be used as a means of currency as that gives it more value, legitimate utility.


I agree Bitcoin should be used for payment in order to establish and make its economy strong.  If Bitcoin isn't used as it is intended to be, then the foundation of Bitcoin will be weak and will always be a subject of manipulation and speculation. 

So personally I feel no different spending it or traditional fiat.

Same here since I also look at Bitcoin as a mode of payment.  Besides it is my own little way of supporting the Bitcoin economy.  Use Bitcoin as payment so that merchants will continuously use it as an option to pay for their goods and encourage more merchant adoption.


Title: Re: Do you feel bad while paying with BTC?
Post by: Tony116 on May 01, 2023, 07:46:40 AM
OP- I understand what you’re saying and where you’re coming from, but I think it’s also important to understand that bitcoin is first for foremost designed to be digital cash, meant to pay for things. I personally believe that it’s important that bitcoin be used as a means of currency as that gives it more value, legitimate utility.


I agree Bitcoin should be used for payment in order to establish and make its economy strong.  If Bitcoin isn't used as it is intended to be, then the foundation of Bitcoin will be weak and will always be a subject of manipulation and speculation. 
It is true that bitcoin was created by Satoshi to be a currency, a method of payment, but people are entering the market because they see bitcoin as an investment, an asset to get rich. My question is, how many people advocate using bitcoin as a payment method when its volatility is so great? I don't think anyone is brave enough to buy bitcoin for $50k and use it to pay when it's $15k. It is easy to say, but encouraging people to use bitcoin instead of Fiat is extremely difficult.

So personally I feel no different spending it or traditional fiat.

Same here since I also look at Bitcoin as a mode of payment.  Besides it is my own little way of supporting the Bitcoin economy.  Use Bitcoin as payment so that merchants will continuously use it as an option to pay for their goods and encourage more merchant adoption.
I'm not against someone using bitcoin for payment because that's what it was created for, but there's also nothing wrong with people using it as an investment. Moreover, I believe that if bitcoin becomes stable, how many people will use bitcoin for payment? Because 99% of people are here for profit.


Title: Re: Do you feel bad while paying with BTC?
Post by: DJANAS on May 01, 2023, 04:52:23 PM
For me Yes, i feel bad everytime i spend crypto  ???


Title: Re: Do you feel bad while paying with BTC?
Post by: nurilham on May 01, 2023, 08:53:55 PM
bitcoin is not suitable to be used as a means of payment like fiat, bitcoin is more suitable to be used as an asset.
if you make bitcoin as a means of payment when will you get the benefits, if in my country someone wants to accept bitcoin as a means of payment I will not do it.
You must know that Satoshi created Bitcoin as an electronic cash. It means Bitcoin is ideally to be used as a payment tool, the main function shouldn't be a digital asset. But, since Bitcoin price always grows constantly, people use Bitcoin as their digital assets. It makes people expect Bitcoin will have a higher and higher value in the future, they don't care whether it can be used as a payment tool or not in the future. People tend to focus on gaining profits from Bitcoin investments, they forget that they should help Satoshi to adopt Bitcoin as a digital payment tool, too.

Please check again Bitcoin WP: https://bitcoin.org/bitcoin.pdf



Title: Re: Do you feel bad while paying with BTC?
Post by: mejarm on May 02, 2023, 12:06:36 AM
What bothers you so much that you're uncomfortable paying with Bitcoin and want to consider paying with fiat instead?
Why should you consider the past? Actually, it never happens to you. If you're not truly ready to accept Bitcoin as a form of payment, then don't force yourself to. I believe you are considering what would happen if the price of bitcoin increased when you were already using it. If you want to make things simple for yourself, decide to utilize money and reserve your bitcoins solely for investing purposes.


Title: Re: Do you feel bad while paying with BTC?
Post by: Obari on May 02, 2023, 12:51:25 AM

Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Well I'm sorry to say but I think you're already getting a very wrong conception  of savings and investment.
You shouldn't  be scared of using your savings as long there was a tangible  need to do so.
The major concept behind  bitcoin investment  and cryptocurrency in general is buying low and selling  high especially  one feels ok with their profits and that is why it is always expected  to be very smart and proactive  while investing in  bitcoin because it is a very volatile  asset and people make  profits from the losses of others and that's why we ought to choose our sides wisely  as nonone will be held responsible  for our decisions.
So op you shouldn't  feel bad while trying to make payments  for purchase using bitcoin  because it is digital currency  and supoosed to be spent especially  if there is a profit on it.


Title: Re: Do you feel bad while paying with BTC?
Post by: xSkylarx on May 02, 2023, 01:10:41 AM
bitcoin is not suitable to be used as a means of payment like fiat, bitcoin is more suitable to be used as an asset.
if you make bitcoin as a means of payment when will you get the benefits, if in my country someone wants to accept bitcoin as a means of payment I will not do it.

Why do you say bitcoin is not suitable for use as a means of payment? Can you give a few reasons? Don't forget that bitcoin was designed by Satoshi to be used as a means of payment without a 3rd party, he did not intend to create bitcoin as an asset and for trading as it is today. All that is happening is because we made it an asset, an investment, not the original purpose of bitcoin. There's no denying that bitcoin is seen as more of an investment, but there's nothing wrong with someone using it to replace fiat as a payment method.

Most of the people right now see bitcoin as an investment even those new one that asking help on me about bitcoin which first i do always say to them that it was used for transaction but sometimes they always insist that it was for investment. Well we cant blame them as the price right now is huge and anyone of us wants it but having regretting spending it the for sure your mindset is only getting profit out of it and not known the true purpose of bitcoin


Title: Re: Do you feel bad while paying with BTC?
Post by: kotajikikox on May 02, 2023, 01:36:36 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
means one thing here , that your country has large adoption of Bitcoin that is why there are
companies that accepts bitcoin as payment ? then mate take this opportunity as you are very lucky to be in that country and government.
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But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
then with these behavior mate?

I believe that you do not understand the true essence of bitcoin and hot this works, for the price to continue growing , we must use this at least for healthy movement.
how will others believe in this if all of us will just hold it?
Quote
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
what is the difference of stable coin than bitcoin ? because the price is not moving up or down? then lets discuss this.

What if you bought bitcoin now  at 10k usd, and did not use for the day and the price pumped? before needing to pay in online payments? what would you feel?

and same thing if you bought Stable coin now and you need nothing to pay for a while?
always consider the coins to be valuable not only in terms of holding but also as Payment materials.


Title: Re: Do you feel bad while paying with BTC?
Post by: Ayers on May 03, 2023, 11:58:44 AM
bitcoin is not suitable to be used as a means of payment like fiat, bitcoin is more suitable to be used as an asset.
if you make bitcoin as a means of payment when will you get the benefits, if in my country someone wants to accept bitcoin as a means of payment I will not do it.

Why do you say bitcoin is not suitable for use as a means of payment? Can you give a few reasons? Don't forget that bitcoin was designed by Satoshi to be used as a means of payment without a 3rd party, he did not intend to create bitcoin as an asset and for trading as it is today. All that is happening is because we made it an asset, an investment, not the original purpose of bitcoin. There's no denying that bitcoin is seen as more of an investment, but there's nothing wrong with someone using it to replace fiat as a payment method.

Most of the people right now see bitcoin as an investment even those new one that asking help on me about bitcoin which first i do always say to them that it was used for transaction but sometimes they always insist that it was for investment. Well we cant blame them as the price right now is huge and anyone of us wants it but having regretting spending it the for sure your mindset is only getting profit out of it and not known the true purpose of bitcoin

I don't blame anyone as I myself am using bitcoin as an investment rather than a means of payment. But at least as an investor in bitcoin, we should also learn about its history and what it was initially created for. That way, the more we will see the value of bitcoin, the more confident we will be about our investment.

To me, bitcoin is like a versatile asset, people can use it according to their intended use, and as long as it benefits them, there is nothing wrong. But if you use bitcoin to invest, your friend uses bitcoin as a currency, you can't say your friend is wrong.


Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on May 17, 2023, 06:03:25 AM
bitcoin is not suitable to be used as a means of payment like fiat, bitcoin is more suitable to be used as an asset.

Then why bitcoin maxis are saying that the "mass adoption is coming"?
it doesn't make any sense. Everyone with whom I speak on this forum says that they see bitcoin as an asset and not currency, but at the same time, people are waiting for businesses to start accepting bitcoin as a payment method.
This contradiction is relly strange to me.


Title: Re: Do you feel bad while paying with BTC?
Post by: Litzki1990 on May 17, 2023, 06:30:41 AM
Since Bitcoin is not stable, if you pay with Bitcoin, the amount you will pay with Bitcoin later may be more or less and it will completely depend on the market of Bitcoin. If you have a doubt that the amount of btc you pay for something will increase several times over time, then you don't need to pay with btc, you can pay with any stable coin. The price of bitcoin is going to change in the future but no one can predict how much it will change as the price of bitcoin is likely to increase so you can hold your bitcoins for a certain period of time without spending them.


Title: Re: Do you feel bad while paying with BTC?
Post by: YUriy1991 on May 17, 2023, 06:50:17 AM
You're serious? Hahaha, Nice Joke, but that's a good motivation because you know this is an asset that will fly to the moon and the price can go higher than Elon Musk's Rocket ;D ;D ;D. Well, I think the decision to pay with Bitcoin is a personal choice. Of course for any transactions we plan for payment items I believe someone  have prepared beforehand using stablecoins for example, unless there are no other options at the moment.


Title: Re: Do you feel bad while paying with BTC?
Post by: Pierre 2 on May 17, 2023, 07:15:15 AM
I generally feel bad when I need to pay with Bitcoin. Who would like to pay with something which is not deflationary. My country's currency (Turkish lira) keeps losing so much value that its best thing to pay with it. I love it when people sell me their Bitcoin for my Turkish lira (better experience than exchanges). I wonder when exactly we will start to treat as currency. I mean I obviously use it as currency - but its unfavored option for me to buy things with it - so I guess it will take years and years to come so many people will adopt it, its price will be stable so it will become very nice currency.


Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on May 18, 2023, 05:20:30 AM
You're serious? Hahaha, Nice Joke, but that's a good motivation because you know this is an asset that will fly to the moon and the price can go higher than Elon Musk's Rocket ;D ;D ;D. Well, I think the decision to pay with Bitcoin is a personal choice. Of course for any transactions we plan for payment items I believe someone  have prepared beforehand using stablecoins for example, unless there are no other options at the moment.

You see, the problem is, bitcoin WAS created as a technology, as a solution to the banking problem. it wasn't created as an asset. It's people like you who want to make money out of it and think that it's just another stock to invest in.

But it's not true. Bitcoin, in its nature, is a revolutionary technology that can be used to change the world and the banking system as we know it. But somehow people just ignore it and want to make a quick buck and keep holding their money in the bank letting it control them.


Title: Re: Do you feel bad while paying with BTC?
Post by: rybako on May 18, 2023, 01:18:26 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

You are in a better situation than that guy who spent 30 bitcoin on pizza. So, keep spending bitcoins and also buying with bitcoins.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on May 21, 2023, 10:55:18 AM
You see, the problem is, bitcoin WAS created as a technology, as a solution to the banking problem. it wasn't created as an asset. It's people like you who want to make money out of it and think that it's just another stock to invest in.

But it's not true. Bitcoin, in its nature, is a revolutionary technology that can be used to change the world and the banking system as we know it. But somehow people just ignore it and want to make a quick buck and keep holding their money in the bank letting it control them.

That's the point. Bitcoin was meant to be used as a currency for day-to-day payments independently from the banking system. Unfortunately, Wall Street saw an opportunity to make money with BTC and ruined its value proposition. This is why now the vast majority of people are only into Bitcoin to get rich quick. Any dip in price would cost BTC dearly in terms of mainstream adoption.

I've always said 1 BTC = 1 BTC no matter what. Why should we care about its value in Fiat terms anyways? Wasn't BTC created as an alternative to Fiat? The latter is bound to collapse due to rising inflation rates.

I'm waiting for the day when BTC is used as the standard unit of account. Goods and/or services will be valued in BTC terms instead of Fiat. With that, volatility will no longer become an issue. Merchants accepting BTC as payment method are increasing by the day, so it should only be a matter of time before "hyperbitcoinization" becomes a reality. Maybe BTC will become the world's reserve currency someday? Just my thoughts ;D


Title: Re: Do you feel bad while paying with BTC?
Post by: DisabledAF on May 22, 2023, 01:07:10 AM
I tried to Pay with BTC (lightning network) only once for testing it. Because I have average buy like 40k USD. So there is no sense for me for now.
But i think, its really important to test it atleast. So I’m excited for times, when BTC price will be 60k +. Then I’ll buy Pizza with BTC (atleast 22 may)


Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on May 22, 2023, 04:22:16 AM
Unfortunately, Wall Street saw an opportunity to make money with BTC and ruined its value proposition.

Wasn't BTC created as an alternative to Fiat? The latter is bound to collapse due to rising inflation rates.

 Maybe BTC will become the world's reserve currency someday? Just my thoughts ;D

Fully agree with you! It's a tragedy what is happening to Bitcoin right now and it's even sadder to see that our community is promoting this narrative that simply destroys the idea of Bitcoin.
I don't like conspiracies but it seems like the government is using this "BTC is an asset narrative" as well so people could forget about the true mission of Bitcoin.

And Bitcoin is a true savior, because, as you said, inflation is killing fiat. And it's happening bitcoin governments control the supply of fiat and they rather print it nonstop and then say "Inflation is not our fault". And it's sad that government can ruin Bitcoin as well with their regulations and this narrative.

But I think we should stay positive, because bitcoin is still young and strong and there is a long way ahead of it!


Title: Re: Do you feel bad while paying with BTC?
Post by: kotajikikox on May 22, 2023, 04:34:20 AM
I tried to Pay with BTC (lightning network) only once for testing it. Because I have average buy like 40k USD. So there is no sense for me for now.
But i think, its really important to test it atleast. So I’m excited for times, when BTC price will be 60k +. Then I’ll buy Pizza with BTC (atleast 22 may)
Thats a huge average mate , 40k per transaction damn so yeah there is no sense in Using Lightning Network then .

but  people like me and for those who had been transacting cheap daily then this is truly useful.
You're serious? Hahaha, Nice Joke, but that's a good motivation because you know this is an asset that will fly to the moon and the price can go higher than Elon Musk's Rocket ;D ;D ;D. Well, I think the decision to pay with Bitcoin is a personal choice. Of course for any transactions we plan for payment items I believe someone  have prepared beforehand using stablecoins for example, unless there are no other options at the moment.
actually this is serious matter mate , because what an we expect from this coin if we will all just Hold it?
remember that for this to function there must be a using and yeah a buy and selling act .


Title: Re: Do you feel bad while paying with BTC?
Post by: MoonOfLife on May 22, 2023, 05:11:35 AM
I wonder when exactly we will start to treat as currency. I mean I obviously use it as currency

Bitcoin is already an unofficial currency, I mean, it is not accepted by the government, and we can also use it as a currency as long as there is an agreement between the two parties. But I also doubt that in the future, bitcoin is very unlikely to become the currency of the world. Countries have high inflation and devalued currencies, and they crave bitcoin because of its deflationary nature. But for countries with strong and stable economies, I don't think they want bitcoin to be the currency. So bitcoin may be the currency in some countries but not globally.


Title: Re: Do you feel bad while paying with BTC?
Post by: gabbie2010 on May 22, 2023, 10:01:54 AM
bitcoin is not suitable to be used as a means of payment like fiat, bitcoin is more suitable to be used as an asset.
if you make bitcoin as a means of payment when will you get the benefits, if in my country someone wants to accept bitcoin as a means of payment I will not do it.
The issue of slow transaction and high transaction fees just like recent upsurge in Ordinance which resulted to high transaction fee of sending Bitcoin even makes it more difficult in using Bitcoin as a means of payment, that is why a lot of Bitcoin enthusiast preferred it as an asset , however there are some businesses that allows payment with Bitcoin thus I don't see any reason to reject such an offer in payment for either a goods or services provided that I have other means of replacing the spent Bitcoin, however if there isn't any means of replacing my Bitcoin I won't use that means I would rather keep my Bitcoin as an asset while utilizing other payment method.


Title: Re: Do you feel bad while paying with BTC?
Post by: DisabledAF on May 22, 2023, 10:30:23 AM
Thats a huge average mate , 40k per transaction damn so yeah there is no sense in Using Lightning Network then .

but  people like me and for those who had been transacting cheap daily then this is truly useful.


I watched CoinMarketCap, i lied, my average buy price is 34k, anyway still high. I'm one of the FOMO guys, who bought for 3k euros (my money saved for long time) at 53k + :D But actually I'm DCA. And I'm closing the gap between first buy.
And I hope, atleast 6 months I can DCA in this price. Please, BTC GOD, give me a little bit time.


Title: Re: Do you feel bad while paying with BTC?
Post by: initim on May 22, 2023, 10:55:53 AM
Paying with Bitcoin is a choice really but if you aren't comfortable paying with Bitcoin because you think that you might be paying more, why not liquidate the coin to your legal tender and pay? Also, remember that at that particular period, you may be paying more or lesser using Bitcoin because its price is not static. 
My concern now is that if we then shy away from paying with Bitcoin, how do we create more awareness, adaptability, and acceptance of this coin? I will conclude by saying use your Bitcoin diplomatically.


Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on May 22, 2023, 01:15:39 PM
Bitcoin is already an unofficial currency,

Yes!
Some people use it as a currency, but if we want to see mass Bitcoin adoption, to be able to pay with it everywhere and not just in a few stores, we need to understand that it can't be just an asset to most people.

I honestly don't know how to solve this problem, but from what I see, people won't be using bitcoin as money as long as it's an asset that is dumped 3 times a week.

I'm afraid that soon no one will talk about bitcoin as a technology, but as a cool asset to trade to get a quick buck and then sell and wait for it to go down again. That way, it will never be even close to 'stability'.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on May 26, 2023, 12:50:45 PM
Fully agree with you! It's a tragedy what is happening to Bitcoin right now and it's even sadder to see that our community is promoting this narrative that simply destroys the idea of Bitcoin.
I don't like conspiracies but it seems like the government is using this "BTC is an asset narrative" as well so people could forget about the true mission of Bitcoin.

And Bitcoin is a true savior, because, as you said, inflation is killing fiat. And it's happening bitcoin governments control the supply of fiat and they rather print it nonstop and then say "Inflation is not our fault". And it's sad that government can ruin Bitcoin as well with their regulations and this narrative.

But I think we should stay positive, because bitcoin is still young and strong and there is a long way ahead of it!

Bitcoin being used as an investment than a currency is more beneficial to the government than all the other way around. Would you imagine people using it as a currency at a large scale? That would mean the end of Fiat currencies for good. And that's something the government doesn't want because it will remove their ability to take control over people's financial life. Don't expect things to change anytime soon, unless Fiat dies for good.

With the world stuck to the Fiat standard, volatility can't be avoided. BTC will continue to experience "ups and downs" during the course of its lifetime. At least, you're free to use it the way you want to. Adoption for the cryptocurrency is growing by the day, so it should only be a matter of time before it takes the world by storm. Just my opinion :)


Title: Re: Do you feel bad while paying with BTC?
Post by: Lorence.xD on May 26, 2023, 01:03:48 PM
Bitcoin is already an unofficial currency,

Yes!
Some people use it as a currency, but if we want to see mass Bitcoin adoption, to be able to pay with it everywhere and not just in a few stores, we need to understand that it can't be just an asset to most people.

I honestly don't know how to solve this problem, but from what I see, people won't be using bitcoin as money as long as it's an asset that is dumped 3 times a week.

I'm afraid that soon no one will talk about bitcoin as a technology, but as a cool asset to trade to get a quick buck and then sell and wait for it to go down again. That way, it will never be even close to 'stability'.

Exactly, Bitcoin just stands for an alternative currency for some people especially to it's users. We couldn't just expect people to understand how to have an transaction using Bitcoin since they are not widely known yet. I think as long as fiat money exist, bitcoin wouldn't be used as currency since despite the convenience Bitcoin gives you still have to use technology to transact unlike trading of paper money as payments to any store. Plus people already adapted for a long time using fiat money as transactions so it Bitcoin became a currency where most people use, then probably there's something wrong in the economic status of a country.


Title: Re: Do you feel bad while paying with BTC?
Post by: someone703 on May 26, 2023, 08:19:13 PM
I think bitcoin's purpose is now more as an investment asset than as a transactional currency. It is also true that the government restricts it and makes it inaccessible to the public. Sanctions on the economy also have a significant impact on it, so it can be seen that gas fees have increased and the transaction speed has slowed down. But positively speaking, from the time bitcoin was born until now, its impact on other traditional assets has been huge. The fact that inflation is trying to kill fiat money is an opportunity for bitcoin to rise and become a new force in the economy.


Title: Re: Do you feel bad while paying with BTC?
Post by: DanWalker on May 27, 2023, 04:14:27 AM
Bitcoin is already an unofficial currency,

Yes!
Some people use it as a currency, but if we want to see mass Bitcoin adoption, to be able to pay with it everywhere and not just in a few stores, we need to understand that it can't be just an asset to most people.

I honestly don't know how to solve this problem, but from what I see, people won't be using bitcoin as money as long as it's an asset that is dumped 3 times a week.

I'm afraid that soon no one will talk about bitcoin as a technology, but as a cool asset to trade to get a quick buck and then sell and wait for it to go down again. That way, it will never be even close to 'stability'.

Exactly, Bitcoin just stands for an alternative currency for some people especially to it's users. We couldn't just expect people to understand how to have an transaction using Bitcoin since they are not widely known yet. I think as long as fiat money exist, bitcoin wouldn't be used as currency since despite the convenience Bitcoin gives you still have to use technology to transact unlike trading of paper money as payments to any store. Plus people already adapted for a long time using fiat money as transactions so it Bitcoin became a currency where most people use, then probably there's something wrong in the economic status of a country.

In the case that even if fiat disappears, bitcoin cannot become the world currency. The government will create a new currency to replace fiat, they will never accept a currency that is not under their control. Strictly speaking, as long as the government controls this world by centralization, they will never allow a decentralized system to be used universally.


Quote
I'm afraid that soon no one will talk about bitcoin as a technology

@crypticj, you are wrong, even if bitcoin has become a speculative asset, it still has its technology and people still use it because of its anonymity and decentralization and not just for the profit it brings.


Title: Re: Do you feel bad while paying with BTC?
Post by: erixter on May 27, 2023, 12:54:15 PM


I think bitcoin's purpose is now more as an investment asset than as a transactional currency. It is also true that the government restricts it and makes it inaccessible to the public. Sanctions on the economy also have a significant impact on it, so it can be seen that gas fees have increased and the transaction speed has slowed down. But positively speaking, from the time bitcoin was born until now, its impact on other traditional assets has been huge. The fact that inflation is trying to kill fiat money is an opportunity for bitcoin to rise and become a new force in the economy.


I agree with your arguments with the captioned subject. Although, it is important to adapt to the changing conditions and business requirements of the present time.  On this matter and the trading strategy, there is still much work to be done. Mainly it depends upon the economic stability of a country and the policies which governs by the government about the free trade of cryptos. It is quite easy way to pay BTC against your needs and requirements. What we need now is to move away from traditional requirements and turn to advanced system.  If it became legal in under developed countries, it will be convenient to pay BTC.


Title: Re: Do you feel bad while paying with BTC?
Post by: Kid4U on May 27, 2023, 06:07:36 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
It's a best decision for yours and for all to follow, because accumulating Bitcoin with time to time and then save and hold it for long time will worth and the reason is rise in price of Bitcoin with times.
Not paying Bitcoin for buying any small item will not benefits you because one reason you alredy explained above that the amount of Bitcoin we pay today will worth more in future, while the second is that when you bought an item price of 5$ with Bitcoin then you will pay alot fees too, so you should avoid buying things with Bitcoin


Title: Re: Do you feel bad while paying with BTC?
Post by: Fivestar4everMVP on May 27, 2023, 06:20:08 PM
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
It's a best decision for yours and for all to follow, because accumulating Bitcoin with time to time and then save and hold it for long time will worth and the reason is rise in price of Bitcoin with times.
Not paying Bitcoin for buying any small item will not benefits you because one reason you alredy explained above that the amount of Bitcoin we pay today will worth more in future, while the second is that when you bought an item price of 5$ with Bitcoin then you will pay alot fees too, so you should avoid buying things with Bitcoin
You are sure right, but like it's said, that beauty is in the eyes of its beholder, it is up to me to decide to pay with Bitcoin or not, when I purchase an item, like you rightly pointed out, buying a $5 item and paying in bitcoin is really a waste of your precious bitcoin, because the network fees is way expensive for such a small transaction..

But then buying items worth hundreds of dollars, or maybe, thousands, is definitely worth paying in bitcoin is the purchaser choose to, like some time last year when I bought a motor bike, I had a network issue when I wanted to make transfer from my local bank to the seller bank, the motor bike cost around $680 dollars, and luckily for me, the seller was willing to accept bitcoin payment, and I easily sent him that amount in bitcoin with a fee less than $1 dollar, and in matter of about a minute or two, the transaction was confirmed and I left the place.

So it is not a bad thing to buy items and pay with Bitcoin, but the worth of the item is what really matters.


Title: Re: Do you feel bad while paying with BTC?
Post by: Dr.Bitcoin_Strange on May 27, 2023, 07:44:24 PM
My concern now is that if we then shy away from paying with Bitcoin, how do we create more awareness, adaptability, and acceptance of this coin? I will conclude by saying use your Bitcoin diplomatically.

No, who will shay away is just someone who never intended to spend their Bitcoin, but maybe due to the situation they find themselves in, they just have no option but to spend it. That's what makes some people shy away from it. There are different kinds of investors in the Bitcoin space; some people have a hot wallet where they have some Bitcoin that they spend more often, either for trade or other kinds of transactions. They also have their cold wallet," where they store a significant amount of Bitcoin that they don't touch. But most Bitcoiners have not grown to have a lot of Bitcoin, wanting to spend the little one they have is not an option. So, that's why you see some people not happy spending their Bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: serjent05 on May 27, 2023, 08:05:52 PM
I generally feel bad when I need to pay with Bitcoin. Who would like to pay with something which is not deflationary. My country's currency (Turkish lira) keeps losing so much value that its best thing to pay with it. I love it when people sell me their Bitcoin for my Turkish lira (better experience than exchanges). I wonder when exactly we will start to treat as currency. I mean I obviously use it as currency - but its unfavored option for me to buy things with it - so I guess it will take years and years to come so many people will adopt it, its price will be stable so it will become very nice currency.

I think the emotion depends on how a person looks at Bitcoin.  For me, I feel nothing but being fulfilled when I spend Bitcoin.  I feel that I am helping the economics of Bitcoin and the merchant adoption since I am able to particpate in global economics of Bitcoin.  I always think that when people use Bitcoin to pay for their goods, it helps Bitcoin to establish its market and its usage as a mode of payment.

Bitcoin is not created to be hoarded but due to its increasing price people forget the true purpose of what Bitcoin is created.


Title: Re: Do you feel bad while paying with BTC?
Post by: mendace on May 27, 2023, 08:14:26 PM

No, who will shay away is just someone who never intended to spend their Bitcoin, but maybe due to the situation they find themselves in, they just have no option but to spend it. That's what makes some people shy away from it. There are different kinds of investors in the Bitcoin space; some people have a hot wallet where they have some Bitcoin that they spend more often, either for trade or other kinds of transactions. They also have their cold wallet," where they store a significant amount of Bitcoin that they don't touch. But most Bitcoiners have not grown to have a lot of Bitcoin, wanting to spend the little one they have is not an option. So, that's why you see some people not happy spending their Bitcoin.

I think not spending your Bitcoins and holding them as if they were the last thing you want to get rid of is the most wrong thing to do because if the goal is to be able to spend them one day then how can we expect this to happen if it's not us the first to do it?  And also spinning many Bitcoins would also help the growth of the network.


Title: Re: Do you feel bad while paying with BTC?
Post by: Dr.Bitcoin_Strange on May 27, 2023, 09:42:33 PM
I think not spending your Bitcoins and holding them as if they were the last thing you want to get rid of is the most wrong thing to do because if the goal is to be able to spend them one day then how can we expect this to happen if it's not us the first to do it?  And also spinning many Bitcoins would also help the growth of the network.

Your opinion may be correct, but it is not valid for every bitcoiner. You know, you can't force people to change their mindset about their Bitcoin investment. Everyone who is into bitcoin has their own motives and a decision they have made on how to spend their bitcoin. Some say they will hold until Bitcoin hits $100,000. Are you saying that the motive is not good? Owing to the fact that no one knows how soon it will be for Bitcoin to even get to that price. Some people wish to hold their Bitcoin for a very long time, and I don't quite see anything wrong with that. But anyways, I think I should get more thoughts on this because I myself have not really agreed to it (don't get me wrong, @mendace).

I clearly understand your point, but even if one holds his or her Bitcoin as though that's the last thing they want to give off in their life, it doesn't affect Bitcoin as long as there are still as many Bitcoiners spinning their Bitcoin. Like I first said above, some people have two wallets: a cold and a hot wallet.


Title: Re: Do you feel bad while paying with BTC?
Post by: KennyR on May 27, 2023, 11:58:24 PM

No, who will shay away is just someone who never intended to spend their Bitcoin, but maybe due to the situation they find themselves in, they just have no option but to spend it. That's what makes some people shy away from it. There are different kinds of investors in the Bitcoin space; some people have a hot wallet where they have some Bitcoin that they spend more often, either for trade or other kinds of transactions. They also have their cold wallet," where they store a significant amount of Bitcoin that they don't touch. But most Bitcoiners have not grown to have a lot of Bitcoin, wanting to spend the little one they have is not an option. So, that's why you see some people not happy spending their Bitcoin.

I think not spending your Bitcoins and holding them as if they were the last thing you want to get rid of is the most wrong thing to do because if the goal is to be able to spend them one day then how can we expect this to happen if it's not us the first to do it?  And also spinning many Bitcoins would also help the growth of the network.
Yeah, only when you and me spend we'll be able to see the market circulation of bitcoin. Just on accumulating we may not able to enjoy the goodness of bitcoin. Atleast for that reason we need to spend bitcoin on some of our needs. As of now we don't have much of access spending bitcoin. Only limited regions were filled with bitcoin accepted stores and service renders.


Title: Re: Do you feel bad while paying with BTC?
Post by: landheer on May 28, 2023, 01:34:08 AM
actually about this problem return to yourself, because you are experiencing it.
I don't think there's anything wrong with your thinking when you feel that using BTC for payments really feels like a loss because you see the potential for BTC prices in the future which of course will have the potential to go up high.

but if you invest in btc for the long term I think you will definitely think so.
but in my opinion do what you want.


Title: Re: Do you feel bad while paying with BTC?
Post by: Minhxx on May 28, 2023, 03:00:09 AM
Pay in bitcoin, that's great in the future. But if it improves the gas charge, it will be more popular


Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on May 28, 2023, 03:40:08 AM
I generally feel bad when I need to pay with Bitcoin. Who would like to pay with something which is not deflationary. My country's currency (Turkish lira) keeps losing so much value that its best thing to pay with it. I love it when people sell me their Bitcoin for my Turkish lira (better experience than exchanges). I wonder when exactly we will start to treat as currency. I mean I obviously use it as currency - but its unfavored option for me to buy things with it - so I guess it will take years and years to come so many people will adopt it, its price will be stable so it will become very nice currency.

I think the emotion depends on how a person looks at Bitcoin.  For me, I feel nothing but being fulfilled when I spend Bitcoin.  I feel that I am helping the economics of Bitcoin and the merchant adoption since I am able to particpate in global economics of Bitcoin. 

it should be like this, yes! Because we need to promote bitcoin as a currency, not an asset.
But because of the fluctuations and general opinion in a community that bitcoin is an asset, it's just hard to use it without thinking that it will go up 100%+ pretty soon.

I think the problem is that bitcoin is still "young" and it didn't reach stability needed for it to be a currency.


Title: Re: Do you feel bad while paying with BTC?
Post by: Games.Bitcoin on May 28, 2023, 04:09:36 AM
Cryptocurrencies like Bitcoin have gained popularity for their decentralized nature and potential to disrupt traditional financial systems. However, they also come with certain challenges and concerns. The volatility of cryptocurrency markets can make it difficult to determine the exact value of a transaction at any given moment, which can lead to uncertainty or hesitation when making a purchase. Additionally, the decentralized and pseudonymous nature of cryptocurrencies can raise concerns about security, privacy, and potential illegal activities.

Ultimately, whether someone feels bad or not while paying with BTC is subjective and depends on their personal beliefs, experiences, and the specific circumstances surrounding the transaction. Some individuals might feel excited and empowered by the freedom and convenience offered by cryptocurrencies, while others might feel uncertain or cautious. It's a matter of personal perspective and individual circumstances.


Title: Re: Do you feel bad while paying with BTC?
Post by: SmartCharpa on May 28, 2023, 07:21:52 AM
Paying with bitcoin is not a bad thing; it just depends on the decisions you made for yourself and the plan you made before investing in bitcoin. However, the big issue is that it is not a good idea for you to pay with bitcoin during a bull market when you haven't made the profits you had hoped for doing so will only result in losses. If I were you I would do payments with bitcoin during price rises. Since you alone feel so glad that you did not lose at that point,


Title: Re: Do you feel bad while paying with BTC?
Post by: serjent05 on May 28, 2023, 11:20:44 PM
Pay in bitcoin, that's great in the future. But if it improves the gas charge, it will be more popular

Bitcoin does not charge any gas fee.  It is called a transaction fee and developers are working hard on how to make this fee to become cheaper.  As you can see in the development history of Bitcoin, from legacy to segwit to taproot, that development is all about making transaction fee to be cheaper while adding more privacy to the transaction without sacrificing Bitcoin security.

Feels bad when you need to sell it to cover bills

If we feel that way then we should look for extra income so that we have the fund to pay our bill and we don't have to use our Bitcoin holdings for it.


Title: Re: Do you feel bad while paying with BTC?
Post by: zanezane on May 28, 2023, 11:46:39 PM
Bitcoin operates without a central authority, providing decentralization, and offers secure and private transactions which is a good thing using a Bitcoin to pay. It also generally involves lower fees, especially for international transfers, and is accessible to anyone with an internet connection. Also, some view Bitcoin as a potential investment opportunity due to its growth potential. But there are some of disadvantages of it, like its value is highly volatile, making it challenging to determine the true cost of goods or services. Its rare to have merchants accept Bitcoins, and transaction are generally irreversible.


Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on May 29, 2023, 02:44:26 AM

Bitcoin does not charge any gas fee.  It is called a transaction fee and developers are working hard on how to make this fee to become cheaper.  As you can see in the development history of Bitcoin, from legacy to segwit to taproot, that development is all about making transaction fee to be cheaper while adding more privacy to the transaction without sacrificing Bitcoin security.

Exactly. Bitcoin was created only as a currency, but because of the limited supply people started trading it. And gass fees are not a problem because there are a lot of people who want to mine Bitcoin to earn BTC. And, ideally, the only way to make money out of bitcoin should be mining, but because the price is still fluctuating like crazy, I think people will just keep trading it.


Title: Re: Do you feel bad while paying with BTC?
Post by: Minhxx on June 02, 2023, 10:44:34 PM
You mean the guy who spends 10,000 bitcoins on 2 pizzas
In my opinion even if you trade in bitcoin it doesn't affect your wallet much, you can add more bitcoins when the market price goes down. We should be flexible in buying and selling bitcoin


Title: Re: Do you feel bad while paying with BTC?
Post by: Wend on June 02, 2023, 11:02:39 PM
Bitcoin operates without a central authority, providing decentralization, and offers secure and private transactions which is a good thing using a Bitcoin to pay. It also generally involves lower fees, especially for international transfers, and is accessible to anyone with an internet connection. Also, some view Bitcoin as a potential investment opportunity due to its growth potential. But there are some of disadvantages of it, like its value is highly volatile, making it challenging to determine the true cost of goods or services. Its rare to have merchants accept Bitcoins, and transaction are generally irreversible.

The volatile nature of bitcoin is considered a drawback when wanting to use bitcoin as a currency, payment method. But when you use it for investment purposes, volatility is a plus, the more volatile bitcoin is, the more opportunities we have to make a profit. But you are right, it is true, the original purpose of creating bitcoin is a p2p payment method, but it is being used as a speculative asset. So we can see very few merchants or shops using it for payment. But its use for international payments still outperforms banks despite its volatility.


Title: Re: Do you feel bad while paying with BTC?
Post by: nur rochid on June 03, 2023, 02:35:24 AM
Bitcoin operates without a central authority, providing decentralization, and offers secure and private transactions which is a good thing using a Bitcoin to pay. It also generally involves lower fees, especially for international transfers, and is accessible to anyone with an internet connection. Also, some view Bitcoin as a potential investment opportunity due to its growth potential. But there are some of disadvantages of it, like its value is highly volatile, making it challenging to determine the true cost of goods or services. Its rare to have merchants accept Bitcoins, and transaction are generally irreversible.

The volatile nature of bitcoin is considered a drawback when wanting to use bitcoin as a currency, payment method. But when you use it for investment purposes, volatility is a plus, the more volatile bitcoin is, the more opportunities we have to make a profit. But you are right, it is true, the original purpose of creating bitcoin is a p2p payment method, but it is being used as a speculative asset. So we can see very few merchants or shops using it for payment. But its use for international payments still outperforms banks despite its volatility.
currently in my country it is still difficult to find store payments using bitcoin, this is happening because not many people know and use it, moreover there is still no legality in my country. bitcoin fluctuations will be lower as more and more people know about it, moreover the whole world has legalized it. However, for now, with high fluctuations, it can be used to make a profit, by trading or investing. I think investing will be more suitable for those who have other jobs, until eventually as many people use it, the price will go up by itself, and we can reap the rewards. you can imagine if we know bitcoin from 2016, and hold it until now, how many times the profit has been made. especially if you take it off when there is a pump like 2021 yesterday


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on June 04, 2023, 08:15:16 AM
I think the emotion depends on how a person looks at Bitcoin.  For me, I feel nothing but being fulfilled when I spend Bitcoin.  I feel that I am helping the economics of Bitcoin and the merchant adoption since I am able to particpate in global economics of Bitcoin.  I always think that when people use Bitcoin to pay for their goods, it helps Bitcoin to establish its market and its usage as a mode of payment.

Bitcoin is not created to be hoarded but due to its increasing price people forget the true purpose of what Bitcoin is created.

Wall Street got into crypto/Blockchain tech and changed people's perception about Bitcoin. They now see it as an asset rather than a currency for daily payments. In the early days, it was all of the contrary. You can see how someone payed 10k BTC for two pizzas. Back then, there were no exchanges available to trade BTC so there was no speculation about the value of the coin.

Now everything is all about getting rich quick with Bitcoin, while forgetting about what matters most (eliminating the middleman, empowering people to be their own bank, etc). Because of this, I don't see volatility disappearing anytime soon. If you don't care about the market price of BTC, then you'd have no problem using it to pay for goods and/or services. But the majority wants to grow their wealth with BTC, so "hodling" would be the best path to take right now. Maybe everything will change in the future once Fiat dies for good? Just my opinion :)


Title: Re: Do you feel bad while paying with BTC?
Post by: flyingcarpet on June 04, 2023, 08:21:18 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

This thought will end one day because we will only be making payments in bitcoin. This is my dream maybe come true. It is natural that you do not want to spend an asset that has the potential to increase. Considering the previous examples, I want you to know that you are not alone in this matter. What if there is a huge spike next year and we spend our bitcoins now? I'm not a fan of exchanging our bitcoins if we don't need them.


Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on June 05, 2023, 06:02:48 AM
You can see how someone payed 10k BTC for two pizzas. Back then, there were no exchanges available to trade BTC so there was no speculation about the value of the coin.

Yes! This is the problem. We can't just follow two narratives all at once. We can't say "let's all pay with BTC" and think "wow this dude spend 10k BTC, it's such a big mistake". Even if people don't think about it, they probably have the same feeling when they spend bitcoin, they probably feel that they are missing out on it.

So yeah, I don't even know how we gonna fix it. Right now, even supporting bitcoin as a currency, I don't want to use it as one. And probably no one want to pay for bear with bitcoins every day.


Title: Re: Do you feel bad while paying with BTC?
Post by: bakasabo on June 05, 2023, 08:16:45 AM
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

The only possible way when I feel bad or uncomfortable when making a payment, is a situation when there is a a line of customers behind me, and I pay with a bag of small valued coins. A situation when cashier had to spend a good amount of time counting them and I made people wait. Even though a feeling of being uncomfortable would evaporate quickly, because I am paying with official currency.

But if you dont want to be that guy who has spend millions on a trifles, think of rising prices and inflation. Every time you postpone making a purchase, the next time you do it, it is going to cost you more. And now count how many times you have postponed buying something and how much you have overpaid in your life.


Title: Re: Do you feel bad while paying with BTC?
Post by: Z390 on June 05, 2023, 09:24:07 AM
Stablecoins are the best digital currency for making payments, you won't feel like you are spending away something that's going to be more valuable than it is today, I believe that Bitcoin is a gold and it's value will keep surging in the future, this is why it's not a good idea in my book to use Bitcoin as means of payment.

No wonder I always feel reluctant whenever I want to pay for some premium services online using Bitcoin, those who benefits the most here are the merchants that are accepting Bitcoin as means of payment, not the spenders.

But everyone has their own opinions about what to use their Bitcoin for, some people feel comfortable spending their Bitcoin buying things online like phones and gadgets, and some TV subscription services like Netflix.

If I have to use Bitcoin as means of payment, I will be spending somewhere from 10$ Bitcoin to 100$ Bitcoin, because I know it will be easier for me to just pull up the Binance exchange on my laptop and buy another.


Title: Re: Do you feel bad while paying with BTC?
Post by: tats-10 on June 05, 2023, 09:31:51 AM
I believe it's kinda tricky .. if it is a one time payment , i don't because i believe it's the value of it at that moment but when it's little payments here and there i kinda feel as if i could've paid with fiat and it woulda been fine but with when i pay with BTC it makes me feel like i'm losing value ..


Title: Re: Do you feel bad while paying with BTC?
Post by: Nrcewker on June 05, 2023, 09:49:41 AM
I believe it's kinda tricky .. if it is a one time payment , i don't because i believe it's the value of it at that moment but when it's little payments here and there i kinda feel as if i could've paid with fiat and it woulda been fine but with when i pay with BTC it makes me feel like i'm losing value ..

Even if it's small amount, I would advise you to not pay with Bitcoins. These coins are limited in numbers, hence very valuable, so if you just pay with Bitcoins and give away all your hard earned coins, then no one can stop you from this foolish act. Instead of accumulating these valuable coins, you just giving away the coins. Moreover I always feel bad when I pay in Bitcoins, but I do that only when I don't have any options or it's just an urgent payment that needed to be done. But one advise to everyone, soon the Bitcoins will rise in it's price, so buy and hold as many as you can.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on June 08, 2023, 08:16:14 PM
Stablecoins are the best digital currency for making payments, you won't feel like you are spending away something that's going to be more valuable than it is today, I believe that Bitcoin is a gold and it's value will keep surging in the future, this is why it's not a good idea in my book to use Bitcoin as means of payment.

No wonder I always feel reluctant whenever I want to pay for some premium services online using Bitcoin, those who benefits the most here are the merchants that are accepting Bitcoin as means of payment, not the spenders.

But everyone has their own opinions about what to use their Bitcoin for, some people feel comfortable spending their Bitcoin buying things online like phones and gadgets, and some TV subscription services like Netflix.

If I have to use Bitcoin as means of payment, I will be spending somewhere from 10$ Bitcoin to 100$ Bitcoin, because I know it will be easier for me to just pull up the Binance exchange on my laptop and buy another.

Couldn't agree more with you, mate. If people really want to make digital payments without having to worry about volatility, stablecoins are the answer. Bitcoin is deflationary by design, so it's meant to increase in price over time. That's not to say it won't lose value within the short term. If you're serious about making money with BTC, then I'd suggest you "hodl" it. Not spend it.

The decision of what to do with your money, lies in yourself. As long as you don't go bankrupt, nothing else matters. Maybe someday BTC will become the standard unit of account? Just my opinion :)


Title: Re: Do you feel bad while paying with BTC?
Post by: Raflesia on June 08, 2023, 08:25:20 PM
I believe it's kinda tricky .. if it is a one time payment , i don't because i believe it's the value of it at that moment but when it's little payments here and there i kinda feel as if i could've paid with fiat and it woulda been fine but with when i pay with BTC it makes me feel like i'm losing value ..

Even if it's small amount, I would advise you to not pay with Bitcoins. These coins are limited in numbers, hence very valuable, so if you just pay with Bitcoins and give away all your hard earned coins, then no one can stop you from this foolish act. Instead of accumulating these valuable coins, you just giving away the coins. Moreover I always feel bad when I pay in Bitcoins, but I do that only when I don't have any options or it's just an urgent payment that needed to be done. But one advise to everyone, soon the Bitcoins will rise in it's price, so buy and hold as many as you can.
This will indeed be different from a perspective perspective because with something like this there will definitely be someone who wants it and someone who refuses too because of various considerations but I think that's normal because of course things like this can still happen because we are free to do whatever we want. We want.
I also actually quite agree with you because even though it can be done for payment but I don't know why it feels quite unfortunate to do that but on the other hand in this case I also still want to feel that way because it's not wrong to do it once to do buying with bitcoin regardless it's small or big but feeling something new of course it's not wrong.


Title: Re: Do you feel bad while paying with BTC?
Post by: AHOYBRAUSE on June 08, 2023, 08:43:17 PM

I don't feel bad but sometimes I'm having a strange feeling in my gut.
Everybody knows the pizza story so that translates to every other purchase you are doing as well.

Who knows, maybe next your bitcoin is at 100k, then everything I paid with btc was "overpaid" 4x.

I know that's some silly thinking because you should always see the current value but it's hard to not see it that way.  ;D

At least sometimes when you use your bitcoin and the price goes down you get a rewarding feeling, a feeling that you did everything right.  :P



Title: Re: Do you feel bad while paying with BTC?
Post by: crypticj on June 09, 2023, 03:03:30 AM
Couldn't agree more with you, mate. If people really want to make digital payments without having to worry about volatility, stablecoins are the answer. Bitcoin is deflationary by design, so it's meant to increase in price over time. That's not to say it won't lose value within the short term. If you're serious about making money with BTC, then I'd suggest you "hodl" it. Not spend it.

The decision of what to do with your money lies in yourself. As long as you don't go bankrupt, nothing else matters. Maybe someday BTC will become the standard unit of account? Just my opinion :)

Agree!
And it's interesting because bitcoin was created as a currency but become an asset that is unusable for everyday payments. But instead of bitcoin we got stables that are very useful as a currency and include USD/EUR stability and blockchain technology. And they still can't be controlled by the government.

That's why no matter what people are saying about stables, I still think that right now it's the best way to pay with crypto in everyday life.


Title: Re: Do you feel bad while paying with BTC?
Post by: Blitzboy on June 09, 2023, 09:05:44 AM
I believe it's kinda tricky .. if it is a one time payment , i don't because i believe it's the value of it at that moment but when it's little payments here and there i kinda feel as if i could've paid with fiat and it woulda been fine but with when i pay with BTC it makes me feel like i'm losing value ..

Even if it's small amount, I would advise you to not pay with Bitcoins. These coins are limited in numbers, hence very valuable, so if you just pay with Bitcoins and give away all your hard earned coins, then no one can stop you from this foolish act. Instead of accumulating these valuable coins, you just giving away the coins. Moreover I always feel bad when I pay in Bitcoins, but I do that only when I don't have any options or it's just an urgent payment that needed to be done. But one advise to everyone, soon the Bitcoins will rise in it's price, so buy and hold as many as you can.
This will indeed be different from a perspective perspective because with something like this there will definitely be someone who wants it and someone who refuses too because of various considerations but I think that's normal because of course things like this can still happen because we are free to do whatever we want. We want.
I also actually quite agree with you because even though it can be done for payment but I don't know why it feels quite unfortunate to do that but on the other hand in this case I also still want to feel that way because it's not wrong to do it once to do buying with bitcoin regardless it's small or big but feeling something new of course it's not wrong.
Intriguing perspective! While I concur that Bitcoin's finite supply makes it inherently valuable, I'd argue it's a simplified view to discourage its use for transactions. Isn't the primary purpose of any currency to serve as a medium of exchange?

Applying this logic, hoarding Bitcoin in anticipation of a price rise is akin to betting on a speculative asset, not utilizing a currency. Besides, widespread usage of Bitcoin for everyday transactions can potentially stabilize its value and reduce price volatility.

What's necessary, in my view, is a balanced approach - HODL (Hold On for Dear Life, for those not in the crypto loop) some for potential future gains, and use some to encourage its mainstream adoption. That would help Bitcoin fulfil both of its purposes, wouldn't it?


Title: Re: Do you feel bad while paying with BTC?
Post by: Adams0001 on June 09, 2023, 02:54:59 PM
Payments made using Bitcoin cannot be reversed if an error occurs during the transaction. If the individual to whom you are sending money defaults, you will be unable to contact anyone and file a chargeback. Bitcoin is a buyer beware situation. So it's also not'safe' in that regard.It is not advisable to feel terrible when such events occur.

You also can't be certain that your coins will be worth the same now as they would in five or ten minutes when the person to whom you're paying receives them. It can easily plummet or rise hundreds of points in a matter of minutes. So you don't even know how much you're paying someone.


Title: Re: Do you feel bad while paying with BTC?
Post by: minairia3 on June 09, 2023, 03:52:36 PM
Couldn't agree more with you, mate. If people really want to make digital payments without having to worry about volatility, stablecoins are the answer. Bitcoin is deflationary by design, so it's meant to increase in price over time. That's not to say it won't lose value within the short term. If you're serious about making money with BTC, then I'd suggest you "hodl" it. Not spend it.

The decision of what to do with your money lies in yourself. As long as you don't go bankrupt, nothing else matters. Maybe someday BTC will become the standard unit of account? Just my opinion :)

Agree!
And it's interesting because bitcoin was created as a currency but become an asset that is unusable for everyday payments. But instead of bitcoin we got stables that are very useful as a currency and include USD/EUR stability and blockchain technology. And they still can't be controlled by the government.

That's why no matter what people are saying about stables, I still think that right now it's the best way to pay with crypto in everyday life.

Which stablecoin are you talking about that is not controlled by the government? Because as far as I know, all stable coins are centralized and they can be frozen or confiscated at any time. Only one DAI is a decentralized stable coin, but unfortunately, it is not widely available.
Crypto payments and fiat elimination will happen in the future, but I'm not sure if a stablecoin will be chosen. That depends on the government, we don't have the power to decide.


Title: Re: Do you feel bad while paying with BTC?
Post by: xSkylarx on June 09, 2023, 04:07:56 PM

I don't feel bad but sometimes I'm having a strange feeling in my gut.
Everybody knows the pizza story so that translates to every other purchase you are doing as well.

Who knows, maybe next your bitcoin is at 100k, then everything I paid with btc was "overpaid" 4x.

I know that's some silly thinking because you should always see the current value but it's hard to not see it that way.  ;D

At least sometimes when you use your bitcoin and the price goes down you get a rewarding feeling, a feeling that you did everything right.  :P



Your perspective belongs to people that want to earn profit, which is the same as mine, but there are really people who want to use it as it was intended, like that pizza guy who bought pizza because of him. If he doesn't use it as a payment method, the chances are bitcoin will still stay at a low price. What I really meant is that there are people looking only for profit and not for other uses of it, and there are people who are really using it for what it is intended for, but again, only a few people are doing this as most of us want to earn profit from Bitcoin.


Title: Re: Do you feel bad while paying with BTC?
Post by: dewez on June 09, 2023, 04:18:34 PM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Just buy more. buy and sell. problem solved. buying stuff with btc is selling it.. so yeah, just always be buying.


Title: Re: Do you feel bad while paying with BTC?
Post by: John Abraham on June 09, 2023, 04:37:04 PM
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
You should never feel bad when paying in Bitcoin. Bitcoin is supposed to be used for transactions, not just for holding. You know Laszlo spent 10K Bitcoins to buy two pizzas, and in an interview, he said people say it's a stupid thing I have done. But I never regret it. He always feels proud of what he did. How will adoption happen if everyone starts holding and no one spends Bitcoin? Let's say some companies accept Bitcoin as a payment method, and no customers want to pay in Bitcoin. Do you believe other companies would take any initiative to accept Bitcoin as a payment method?

No Matter what is the price of Bitcoin. Suppose you have scop to use Bitcoin as a payment method. Do not hesitate to use it. You can always hold Bitcoin regularly. Just buy more Bitcoin if you want to pay using Bitcoin. By paying in Bitcoin, You will help Bitcoin to spread more. If you use Bitcoin, you will pay precisely the same as Stablecoin. When you find a store that accepts Bitcoin, Just convert your Stable coin into Bitcoin and pay using Bitcoin. In this case, You won't feel bad.



Title: Re: Do you feel bad while paying with BTC?
Post by: wahyuagung26 on June 09, 2023, 05:02:35 PM
I believe it's kinda tricky .. if it is a one time payment , i don't because i believe it's the value of it at that moment but when it's little payments here and there i kinda feel as if i could've paid with fiat and it woulda been fine but with when i pay with BTC it makes me feel like i'm losing value ..

Small payments we often use Fiat to pay for them, it is not effective if all payments are always made in crypto currency and one of them is in the form of small shopping payments. Unless this is a large and important transaction so that when it is calculated there is no element of loss or loss when using it, but it also depends on the situation required to make payments.


Title: Re: Do you feel bad while paying with BTC?
Post by: Raflesia on June 09, 2023, 07:55:47 PM
This will indeed be different from a perspective perspective because with something like this there will definitely be someone who wants it and someone who refuses too because of various considerations but I think that's normal because of course things like this can still happen because we are free to do whatever we want. We want.
I also actually quite agree with you because even though it can be done for payment but I don't know why it feels quite unfortunate to do that but on the other hand in this case I also still want to feel that way because it's not wrong to do it once to do buying with bitcoin regardless it's small or big but feeling something new of course it's not wrong.
Intriguing perspective! While I concur that Bitcoin's finite supply makes it inherently valuable, I'd argue it's a simplified view to discourage its use for transactions. Isn't the primary purpose of any currency to serve as a medium of exchange?

In this case, because from the beginning I applied bitcoin and bought it not as a medium of exchange from the beginning until now because indeed I am still doing it for my investment in the hope that my condition will be even better for the next few years, so in this case I still continue to think of it as such. As for actually spending bitcoin for people, I also won't have too much trouble in this case because indeed, as I said before, it's just about how our point of view is, regardless of whether they spend it or actually make it as a form of investment, I think it's not. wrong because we have our own goals in this matter.


Title: Re: Do you feel bad while paying with BTC?
Post by: Abiky on June 11, 2023, 07:20:03 PM
Which stablecoin are you talking about that is not controlled by the government? Because as far as I know, all stable coins are centralized and they can be frozen or confiscated at any time. Only one DAI is a decentralized stable coin, but unfortunately, it is not widely available.
Crypto payments and fiat elimination will happen in the future, but I'm not sure if a stablecoin will be chosen. That depends on the government, we don't have the power to decide.

Stablecoins are not controlled by the government per se. They're just issued by private companies with their own interests. If a stablecoin fails, don't expect the government to respond by making depositors/investors whole again (unlike USD deposits at a bank which are insured by the Federal Government). I'd prefer decentralized stablecoins as they're usually managed by an organization (DAO). Not a for-profit company that serves its own interests instead of the community. DAI and USDJ seem to be the only collaterized stablecoins that are decentralized. The rest are simply algorithmic and subject to failure.

BTC is better off as a store of value due to the way it was designed (deflation). But if volatility disappears, then it would've been another story. That is if Bitcoin is able to scale to meet the demands of everyday users. No one can predict the future, so let's hope for the best. Just my thoughts ;D