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March 30, 2014, 01:02:12 PM |
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Dear Hoarders:
Do you want Bitcoin to be viewed as more than a "commodity"? Do you want it to be viewed as a true *currency*? Do you want to experience the insane value increase of your stash if Bitcoin is viewed as a currency? Then you must start spending your coins, and then replenishing them.
If you're a hoarder of coins because you fear every satoshi spent could mean $100 down the drain one day ...
You can still spend. And you MUST spend.
Buy anything and everything possible that you need from BTC stores online. Then immediately replenish the exact same amount you spent, from Coinbase. Immediately send that amount back into your wallet. And mission accomplished. No change in stash. You've just singlehandedly gotten the Bitcoin economy one step closer to being recognized as a currency, and the chances of your stash being worth millions one day.
Instead of Amazon, use Overstock. Instead of Amazon, use TigerDirect. Spendbitcoins.com seems like a good site for everything else. If anyone has any other suggestions please post them. The worst that will happen is you pay a 1% fee to Coinbase. A small sacrifice for such huge potential gains. There's no reason to worry that your stash is being depleted. Just replenish it right then, and there.
Commerce is the single most important thing you can do to ensure your savings increases in value. So please do it!
/end public service announcement
-B-
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