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Author Topic: When using Bitcoin to make purchases, do you feel bad?  (Read 271 times)
MiF
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May 10, 2023, 01:46:04 AM
 #41

It depends on what you purchase or pay for, if the thing we buy is badly needed them we don't need to feel bad because that is for our own good. But if we use bitcoin to purchase things that is not useful then there's a possibility that we will feel bad at the end of the day we need to think 3x before using bitcoin to avoid regrets in the near future.

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crypticj
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May 10, 2023, 02:12:03 AM
 #42

I have the same problem. I think It's because we already got used to treating Bitcoin as an asset to invest in, not actual money to pay with.

Bitcoin is still undergoing transformations to become a new currency, so we still need some time to accept that bitcoin is not just stock to invest in, but the money of freedom that won't be controlled.

When I want to pay for something with BTC I'm thinking about its price and feel like "why am I spending it right now? It will go up and I will have more money if I will just hold it." So yeah, I have the same problem haha
Smack That Ace
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May 10, 2023, 02:30:10 AM
 #43

I have the same problem. I think It's because we already got used to treating Bitcoin as an asset to invest in, not actual money to pay with.

Bitcoin is still undergoing transformations to become a new currency, so we still need some time to accept that bitcoin is not just stock to invest in, but the money of freedom that won't be controlled.

When I want to pay for something with BTC I'm thinking about its price and feel like "why am I spending it right now? It will go up and I will have more money if I will just hold it." So yeah, I have the same problem haha

Since bitcoin was created, bitcoin has been the currency of the world, it doesn't need extra time to convert into currency. If you are looking at bitcoin as an investment, it is your behavior towards bitcoin, bitcoin is not quite an investment. But for bitcoin to become the unregulated world currency, it will be very difficult to do. I mean, bitcoin is already currency, but to be legal and recognized by the government, that will never happen.

You can treat bitcoin as an investment and not need to spend it, as it is your bitcoin, but there is nothing wrong or unpleasant about using it instead of fiat.

8rch7
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May 10, 2023, 02:54:28 AM
 #44

Since Bitcoin transaction fees increasing up I feel bad when using bitcoin to make purchase, many store not available sending trough lightening network and have to send trough Bitcoin address make us difficult how to increase faster transaction process but need more than $5 until 8$ for paying fees transaction. Stop awhile using bitcoin to make purchase and all transaction payment with altcoin but looking with network have lower fees and some time I use fiat for purchasing.

I don't have ideas what did by people have business with Bitcoin as payment transaction when fees up and how they can manage with their costumer keep getting lower fees transaction.

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